If budgeted total direct labour hours are 3800 and budgeted direct...

Home / Commerce / Costing / Question

Examveda

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

Answer: Option A

Solution (By Examveda Team)

Budgeted direct labour cost rate = Budgeted direct labour cost ÷ Budgeted total direct labour hours
= $480000 ÷ 3800 = $126.32 per labour hour

This Question Belongs to Commerce >> Costing

Join The Discussion

Related Questions on Costing

Basic objective of cost accounting is ________

A. tax compliance.

B. financial audit.

C. cost ascertainment.

D. profit analysis.

View Answer

View Answer

Process costing is suitable for ________.

A. hospitals

B. oil refing firms

C. transport firms

D. brick laying firms

View Answer

View Answer

Cost classification can be done in ________.

A. two ways

B. three ways

C. four ways

D. several ways

View Answer

View Answer

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

View Answer

View Answer

More Related Questions on Costing