Wednesday, 9 October 2019

Which of the following is a good reason for allocating indirect costs to operating departments?


Cost allocation policy

31. Which of the following is a good reason for allocating indirect costs to operating departments?

A.  The company could lose money if the operating departments do not pay for the services they use.
B.  To remind managers of the need to cover indirect costs.
C.  To encourage managers to use more services.
D.  To determine the true costs of operating departments.

32. The cost allocation policy most likely to encourage use of a service is based on

A.  budgeted total costs of the service department
B.  actual total costs of the service department
C.  budgeted variable costs for the service department
D.  actual variable costs for the service department

33. The term “dual rates” refers to

A.  allocating costs to several operating departments
B.  allocating fixed costs based on capacity requirements and variable costs based on use
C.  allocating both actual costs and budgeted costs
D.  using the budgeted rate to allocate some costs, the actual rate to allocate others

34. The WORST method of allocating service department costs is to allocate

A.  total actual costs based on actual use of the service
B.  total budgeted costs based on long-term expected use of the service
C.  total budgeted cost based on actual use of the service
D.  none of the above, because all the above are equally undesirable

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