Absorption Costing MCQs Test Online pdf Download

Practice MCQs on absorption costing with accounting tests for online test prep and learning. Free study guide has multiple choice questions (MCQ) with absorption costing quiz as under absorption costing, magnitude for favorable volume production variance is affected by choice of, answering options unplanned level, budgeting level, numerator level and denominator level for exam prep. Study to learn absorption costing quiz online with MCQs to practice test questions with answers.

MCQs on Absorption Costing

MCQ. Under absorption costing, magnitude for favorable volume production variance is affected by choice of

  1. unplanned level.
  2. budgeting level.
  3. numerator level.
  4. denominator level.

D

MCQ. An income statements in absorption costing follows format of

  1. inventory margin.
  2. sales margin.
  3. gross margin.
  4. production margin.

C

MCQ. Fixed manufacturing cost under absorption costing is

  1. high dividend.
  2. low dividend.
  3. inventoriable.
  4. non-inventoriable.

D

MCQ. In absorption costing, an effect on cost volume profit relationship is driven by

  1. unit level of production.
  2. unit level of sales.
  3. chosen denominator level.
  4. All of Above.

D

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