Budgeted total direct labour cost is divided with budgeted total direct labour to calculate
A. budgeted indirect labour cost rate
B. expected direct labour cost rate
C. budgeted direct labour cost rate
D. expected indirect labour cost rate
Answer: Option C
Solution(By Examveda Team)
Budgeted total direct labour cost is divided with budgeted total direct labour to calculate budgeted direct labour cost rate.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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