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Inventory Costing Methods MCQs Quiz Online Tests pdf Download

Practice inventory costing methods MCQs, accounting MCQs for online test prep. Capacity analysis and inventory costing quiz has multiple choice questions (MCQ), inventory costing methods quiz questions and answers as an approach used for choosing capacity level, having no beginning inventory is classified as, answer key with choices as write off variance approach, write in variance approach, adjusted variance approach and unadjusted variance approach for competitive exam prep. Free study guide is to learn inventory costing methods quiz online with MCQs to practice test questions with answers. Inventory Costing Methods Video

MCQs on Inventory Costing Methods Quiz pdf Download

MCQ. An approach used for choosing capacity level, having no beginning inventory is classified as

  1. write off variance approach
  2. write in variance approach
  3. adjusted variance approach
  4. unadjusted variance approach

A

MCQ. If budgeted fixed cost is $26000, per unit budgeted denominator level is 1300 units, then budgeted fixed cost will be

  1. $50
  2. $30
  3. $20
  4. $40

C

MCQ. If target operating income is $38000, contribution margin per unit is $400 then number of units must be sold to earn targeted operating income will be

  1. 65 units
  2. 75 units
  3. 95 units
  4. 85 units

C

MCQ. Managers using capacity planning do not make

  1. pricing decisions
  2. marketing decisions
  3. financial decisions
  4. cost budgeting decisions

A

MCQ. Budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit is to calculate

  1. fixed material price
  2. variable materials price
  3. fixed production units
  4. budgeted production units

D