C253 PreAssessment exam with correct answers

C253 PreAssessment exam with correct
answers

Predetermined ||Overhead ||Rate ||- ||correct ||answerStep ||1: ||determine ||budgeted ||overhead

Step ||2: ||calculate ||predetermined ||overhead



Changing ||from ||one ||allocation ||to ||another ||- ||correct ||answerStep ||1: ||Machine ||Hours

Step ||2: ||Labor ||Dollars

Step ||3: ||OH ||rate ||based ||on ||MH

Step ||4: ||OH ||rate ||based ||on ||LD

Step ||5: ||Difference ||in ||OH ||rate



Cost ||of ||Item ||- ||correct ||answerStep ||1: ||Direct ||Cost

Step ||2: ||Apply ||Overhead

Step ||3: ||Total



Cost ||per ||Unit ||- ||correct ||answerStep ||1: ||Direct ||Cost

Step ||2: ||Apply ||Overhead

Step ||3: ||Total

Step ||4: ||Per ||Unit



Under/Over ||applied ||Overhead ||- ||correct ||answerStep ||1: ||Applied ||OH ||Rate

Step ||2: ||Applied ||OH ||for ||the ||year

Step ||3: ||Actual ||OH

Step ||4: ||Actual ||OH ||- ||Applied ||OH



Cost ||of ||Goods ||Manufactured ||- ||correct ||answerStep ||1: ||Calculate ||DM