{"id":57986,"date":"2024-04-16T01:11:32","date_gmt":"2024-04-16T01:11:32","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=57986"},"modified":"2024-04-16T01:11:32","modified_gmt":"2024-04-16T01:11:32","slug":"if-an-actual-indirect-cost-incur-is-35000-and-indirect-cost-allocated-is-43000-then-under-allocated-indirect-cost-will-be","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/if-an-actual-indirect-cost-incur-is-35000-and-indirect-cost-allocated-is-43000-then-under-allocated-indirect-cost-will-be\/","title":{"rendered":"If an actual indirect cost incur is $35000 and indirect cost allocated is $43000, then under allocated indirect cost will be"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;$78,000&#8243; option2=&#8221;-$78000&#8243; option3=&#8221;-$8000&#8243; option4=&#8221;$8,000&#8243; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is $\\boxed{\\text{C. }-\\$8,000}$.<\/p>\n<p>Underallocated indirect costs are the indirect costs that are not covered by the indirect cost allocation. In this case, the actual indirect costs are $35,000, and the indirect costs allocated are $43,000. This means that the indirect costs are underallocated by $8,000.<\/p>\n<p>Option A is incorrect because it is the amount of overallocated indirect costs. Option B is incorrect because it is the amount of underallocated indirect costs multiplied by -1. Option D is incorrect because it is the amount of underallocated indirect costs divided by -1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;$78,000&#8243; option2=&#8221;-$78000&#8243; option3=&#8221;-$8000&#8243; option4=&#8221;$8,000&#8243; correct=&#8221;option3&#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-57986","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 an actual indirect cost incur is $35000 and indirect cost allocated is $43000, then under allocated indirect cost 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-an-actual-indirect-cost-incur-is-35000-and-indirect-cost-allocated-is-43000-then-under-allocated-indirect-cost-will-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If an actual indirect cost incur is $35000 and indirect cost allocated is $43000, then under allocated indirect cost will be\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;$78,000&#8243; 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