The systematic way of linking group of indirect cost to a cost object is classif

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The systematic way of linking group of indirect cost to a cost object is classified as

Options:

A . linked allocation base

B . direct allocation base

C . indirect allocation base

D . cost allocation base

Answer: Option D
Answer: (d).cost allocation base

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More Questions on This Topic :

Question 1. The costing and allocating situation, in which the indirect cost allocated amount is less than actually incurred amount ....amount is less than actually incurred amount is known as

Question 2. In a normal accounting period, an allocated amount of indirect cost is $700 and an actual amount is $800, then this can ....actual amount is $800, then this can be classified as

Question 3. If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect ....is $43000, then the under allocated indirect cost will be

Question 4. The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified a....multiplied to quantity of direct cost inputs is classified as

Question 5. If an actual manufacturing overhead costs is $225000 and actual total quantity of cost allocation base is 2500 labor hou....is 2500 labor hours, then the overhead rate will be

Question 6. If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labor hou....is 4500 labor hours, then the overhead rate would be

Question 7. In normal costing, the manufacturing overhead allocated is also called....

Question 8. An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rate....actual cost rates in place of budgeted rates is called

Question 9. The procedure of assigning the direct cost to any cost abject is classified as....

Question 10. In an accounting system, the document which supports journal entries is classified as....

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