If budgeted indirect cost arte is $225 and budgeted cost allocation base is $750 per hour, then annual indirect cost (budgeted) would be
A). $168,750
B). $148,570
C). $186,750
D). $125,680
Spread of over allocated overhead and under allocated overhead among work in process, finished goods and goods sold cost is classified as
A). proration approach
B). appreciation approach
C). depreciation approach
D). adjusted approach
In a normal accounting period, allocated amount of indirect cost is $2000 and actual amount is $2200, then this is classified as
A). over allocated budget
B). under allocated budget
C). under allocated indirect cost
D). over allocated direct cost
If budgeted annual manufacturing indirect cost is $2250000 and cost allocation base is 2800 labour hour, then budgeted manufacturing overhead rate will be
A). $803.571 per labour hour
B). $805 per labour hour
C). $905 per labour hour
D). $802 per labour hour
If budgeted indirect cost base is $115 and budgeted cost allocation base is $830 per hour, then annual indirect cost (budgeted) will be
A). $93,450
B). $94,560
C). $96,450
D). $95,450