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Subject - Accounting:

Cost and Management Accounting

MCQ - 243-245

Question:

Blanket overhead rate is:

  1. One single overhead absorption rate for the whole factory
  2. Rate which is blank or nil rate
  3. rate in which multiple overhead rates are calculated for each production department, service department etc.
  4. Rate which is blank or nil rate

Correct Answer: A

Explanation:

Not Required

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355 MCQ for effective preparation of the test of Cost and Management Accounting of Accounting section.

Read the MCQ statement: Blanket overhead rate is: , keenly and apply the method you have learn through the video lessons for Cost and Management Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 243-245.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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