If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be __________?
Correct answer: B. $112,500
- A. $142,500
- B. $112,500
- C. $122,500
- D. $132,500
Explanation
Budgeted fixed overhead based on the stated unit calculation is 450 output units × $250 = $112,500. This gives option b.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
If the salaries of engineers are $3000, the salaries of supervisors are $4000 and the equipment leasing cost is $3000, then fixed setup costs will be ___________?
The measure which provides the feedback on manager's performance, considering individual aspects only is classified as ___________?
If the variable overhead flexible budget variance is $26000 and the flexible budget amount is $15000, then the actual incurred costs will be ________?
If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be ____________?
If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be __________?
A cost, consists of some fixed and some variable cost with respect to machine setup hours is termed as _________?