Budgeted total direct labour cost is divided with budgeted total direct labour to calculate

If budgeted total direct labour hours are 3800 and budgeted direct labour cost is $480000, then budgeted direct labour cost rate will be

A

$126.32 per labour hour

B

$128.32 per labour hour

C

$130 per labour hour

D

$132 per labour hour

If budgeted total direct labour hours are 5500 and budgeted direct labour cost is $755000, then budgeted direct labour cost rate is

A

$138 per labour hour

B

$137.27 per hour

C

$140 per labour hour

D

$142 per labour hour

"S produces and sells one product, P, for which the data are as follows:
Selling price Rs 28
Variable cost Rs 16
Fixed cost Rs 4
The fixed costs are based on a budgeted production and sales level of 25,000 units for the next period. Due to market changes both the selling price and the variable cost are expected to increase above the budgeted level in the next period. If the selling price and variable cost per unit increase by 10% and 8% respectively, by how much must sales volume change, compared with the original budgeted level, in order to achieve the original budgeted profit for the period?"

A

10.1% decrease

B

11.2% decrease

C

13.3% decrease

D

16.0% decrease

If budgeted direct labour hours are 4550 and direct labour cost rate is $600 per labour hour then, total direct labour cost would be

A

$4,730,000

B

$3,730,000

C

$2,730,000

D

$1,730,000

Budgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base is to calculate by

A

budgeted direct cost rate

B

budgeted indirect cost rate

C

expected indirect cost rate

D

direct budget percentage

Which of the following mathematical expression is/are not correct? i) Prime cost = Direct material cost + Direct labour cost + Direct expenses ii) Factory cost = Prime cost + Factory expenses iii) Office cost = Factory cost – Administrative expenses

A

i only

B

i and ii only

C

i, ii and iii

D

iii only

If budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be

A

15.67 per piece

B

16.67 per piece

C

14.67 per piece

D

13.67 per piece

If budgeted annual indirect cost is $850000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be

A

112.34 per piece

B

113.33 per piece

C

111.34 per piece

D

110.34 per piece

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

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

Budgeted total direct labour cost is divided with budgeted total direct labour to calculate

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