The manufacturing overhead cost allocated to individual jobs is classified as ___________?
Correct answer: D. both A and C
- A. manufacturing overhead allocated
- B. cost overhead applied
- C. manufacturing overhead applied
- D. both A and C
Explanation
Manufacturing overhead assigned to jobs is commonly called manufacturing overhead applied, and it is also described as allocated manufacturing overhead. Since options a and c express the same idea, option d is the best choice.
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
The systematic way of linking group of indirect cost to a cost object is classified as ___________?
In a normal accounting period, an allocated amount of indirect cost is $700 and an actual amount is $800, then this can be classified as ____________?
The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as __________?
If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?
If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be ___________?
A document which consists information about labor time usage, for specific job in a specific department, is known as __________?