{"id":53529,"date":"2024-04-15T23:55:18","date_gmt":"2024-04-15T23:55:18","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=53529"},"modified":"2024-04-15T23:55:18","modified_gmt":"2024-04-15T23:55:18","slug":"if-budgeted-annual-indirect-cost-is-850000-and-budgeted-annual-quantity-of-cost-allocation-base-is-7500-then-budgeted-indirect-cost-rate-would-be","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/if-budgeted-annual-indirect-cost-is-850000-and-budgeted-annual-quantity-of-cost-allocation-base-is-7500-then-budgeted-indirect-cost-rate-would-be\/","title":{"rendered":"If budgeted annual indirect cost is $850000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;112.34 per piece&#8221; option2=&#8221;113.33 per piece&#8221; option3=&#8221;111.34 per piece&#8221; option4=&#8221;110.34 per piece&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is A. 112.34 per piece.<\/p>\n<p>The budgeted indirect cost rate is calculated by dividing the budgeted annual indirect cost by the budgeted annual quantity of cost allocation base. In this case, the budgeted annual indirect cost is $850000 and the budgeted annual quantity of cost allocation base is $7500. Therefore, the budgeted indirect cost rate is $850000 \/ $7500 = $112.34 per piece.<\/p>\n<p>Option B is incorrect because it is the budgeted annual indirect cost per piece, not the budgeted indirect cost rate.<\/p>\n<p>Option C is incorrect because it is the budgeted annual indirect cost rate per piece, but it is rounded to the nearest cent.<\/p>\n<p>Option D is incorrect because it is the budgeted annual indirect cost rate per piece, but it is rounded down to the nearest cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;112.34 per piece&#8221; option2=&#8221;113.33 per piece&#8221; option3=&#8221;111.34 per piece&#8221; option4=&#8221;110.34 per piece&#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-53529","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 annual indirect cost is $850000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would 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-annual-indirect-cost-is-850000-and-budgeted-annual-quantity-of-cost-allocation-base-is-7500-then-budgeted-indirect-cost-rate-would-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If budgeted annual indirect cost is $850000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;112.34 per piece&#8221; 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