{"id":47130,"date":"2024-04-15T22:22:21","date_gmt":"2024-04-15T22:22:21","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=47130"},"modified":"2024-04-15T22:22:21","modified_gmt":"2024-04-15T22:22:21","slug":"if-budgeted-cost-in-indirect-cost-pool-is-144500-and-total-quantity-of-cost-allocation-base-is-165500-then-budgeted-indirect-cost-rate-will-be","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/if-budgeted-cost-in-indirect-cost-pool-is-144500-and-total-quantity-of-cost-allocation-base-is-165500-then-budgeted-indirect-cost-rate-will-be\/","title":{"rendered":"If budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then budgeted indirect cost rate will be"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;67.30%&#8221; option2=&#8221;87.31%&#8221; option3=&#8221;55.50%&#8221; option4=&#8221;45.50%&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is A. 67.30%.<\/p>\n<p>The budgeted indirect cost rate is calculated by dividing the budgeted cost in the indirect cost pool by the total quantity of the cost allocation base. In this case, the budgeted cost in the indirect cost pool is $144,500 and the total quantity of the cost allocation base is $165,500. Therefore, the budgeted indirect cost rate is $144,500 \/ $165,500 = 67.30%.<\/p>\n<p>Option B is incorrect because it is the budgeted cost in the indirect cost pool divided by the total quantity of the cost allocation base, multiplied by 100%. This is not the correct formula for calculating the budgeted indirect cost rate.<\/p>\n<p>Option C is incorrect because it is the total quantity of the cost allocation base divided by the budgeted cost in the indirect cost pool. This is not the correct formula for calculating the budgeted indirect cost rate.<\/p>\n<p>Option D is incorrect because it is the budgeted cost in the indirect cost pool subtracted from the total quantity of the cost allocation base. This is not the correct formula for calculating the budgeted indirect cost rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;67.30%&#8221; option2=&#8221;87.31%&#8221; option3=&#8221;55.50%&#8221; option4=&#8221;45.50%&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-47130","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>If budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then budgeted indirect cost rate will be<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/if-budgeted-cost-in-indirect-cost-pool-is-144500-and-total-quantity-of-cost-allocation-base-is-165500-then-budgeted-indirect-cost-rate-will-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then budgeted indirect cost rate will be\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;67.30%&#8221; 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