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Capacity Analysis and Inventory Costing Multiple Choice Questions Test 1 Tests pdf Download

Practice capacity analysis and inventory costing multiple choice questions (MCQs), cost accounting test 1 online to learn. Practice absorption costing MCQs questions and answers on absorption costing, inventory costing methods, inventory costing: manufacturing companies with answers. Free capacity analysis and inventory costing study guide has answer key with choices as budgeting level, unplanned level, numerator level and denominator level of multiple choice questions (MCQ) as under absorption costing, magnitude for favorable volume production variance is affected by choice of to test learning skills. Study to learn absorption costing quiz questions to practice MCQ based online exam preparation test.

MCQ on Capacity Analysis and Inventory Costing Quiz pdf Download Test 1

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 approach uses 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. Budgeted fixed cost is $26000 and 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 production is less than sales so an operating income under absorption costing will be

  1. higher income
  2. zero dividends
  3. negative income value
  4. lower income

D

MCQ. If inventory level decreases then operating income under variable costing will be reported

  1. more
  2. less
  3. zero
  4. None of above

A

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