Multiple Choice
When discussing costing the indirect cost rate is:
A) the rate used to assign indirect costs to the cost object
B) the total costs incurred for a cost object
C) the input or activity that causes changes in total costs for a cost object
D) the method used to allocate the costs of each support department to the operating departments
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Sales Smart allocates advertising expenses to its
Q14: Direct costs are costs that can be
Q15: Which of these departments would not be
Q16: The distinction between direct costs and indirect
Q17: Which statement concerning the step-down method of
Q19: If the cost object is the payroll
Q20: As the number of cost pool increases
Q21: When the order of support department cost
Q22: The method that allocates support department costs
Q23: Which of these is a limitation of