An approach which yields benefits of normal costing and actual manufacturing overhead is classified as?

Question

An approach which yields benefits of normal costing and actual manufacturing overhead is classified as?

unadjusted allocation rate approach
adjusted budget rate approach
unadjusted budget rate approach
adjusted allocation rate approach

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

Related Questions

Which one of the following methods of inventory costing yields highest taxable income?

1 Answers 4 Views

In labour oriented manufacturing industry which method of overhead absorption is suitable?

1 Answers 7 Views

In normal costing, situation in which allocated amount of indirect cost is greater than incurred cost, is considered as?

1 Answers 5 Views

Costing technique, in which actual direct rates are multiplied to quantity of direct cost inputs is classified as?

1 Answers 7 Views

An allocation approach, in which all overhead entries are restated using actual cost rates in place of budgeted rates is called?

1 Answers 4 Views

In normal costing, budgeted rate is multiplied to an actual quantity, which have been used as allocation base to calculate?

1 Answers 4 Views

Costing system, which is a combination of process costing and job costing system is classified as?

1 Answers 5 Views

Ajay pays insurance premium for his employees. Which of the following insurance premiums will not be treated deductible as compensation paid to an employeeI. Health insurance with benefits payable to an employeeII. Keyman life insurance with benefits payable to Ajay?

1 Answers 5 Views

An accounting approach, in which expected benefits exceed expected cost is classified as?

1 Answers 5 Views

Costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as?

1 Answers 7 Views

AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

Answer: Option 4

An approach which yields benefits of normal costing and actual manufacturing overhead is classified as adjusted allocation rate approach. The adjusted allocation-rate approach restates or corrects estimated overhead costs booked throughout the year, so that the actual overhead costs are recorded properly.