Allotment of overhead to a cost unit is called:

Related MCQs

• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• When factory overhead control account has an ending debit balance, factory overhead was………………
• When the amount of overhead absorbed is less than the amount of overhead incurred it is known as
• ………………….budget may be classified into material cost budget, labour cost budget and overhead budget.
• Allotment of whole items of overheads to cost centres is known as;
• A statement prepared to provide detailed cost of a cost centre or cost unit is
• The per unit expense of the ……………portion factory overhead varies with the volume of production while………………..portion remains the same with volume.
• Under absorption of overhead expense in cost accounting results in _______.
• Cost centre and cost unit are……………………
• The cost which is to be incurred even when a business unit is closed is a ____ cost.