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Spoilage, Rework and Scrap Multiple Choice Questions Test 1 Tests pdf Download

Practice spoilage, rework and scrap multiple choice questions (MCQs), cost accounting test 1 online to learn. Practice spoilage, rework and scrap terminology MCQs questions and answers on spoilage, rework and scrap terminology, job costing and spoilage, types of spoilage with answers. Free spoilage, rework and scrap study guide has answer key with choices as rework, spoilage, scrap and equivalence of multiple choice questions (MCQ) as partial or completed units of manufactured goods that do not meet customer specifications and sell at reduced price or simply discarded are called to test learning skills. Study to learn spoilage, rework and scrap terminology quiz questions to practice MCQ based online exam preparation test.

MCQ on Spoilage, Rework and Scrap Quiz pdf Download Test 1

MCQ. Partial or completed units of manufactured goods that do not meet customer specifications and sell at reduced price or simply discarded are called

  1. spoilage
  2. rework
  3. scrap
  4. equivalence

A

MCQ. In process and job costing system, normal spoilage cost is considered as

  1. conversion costs
  2. sunk costs
  3. inventoriable costs
  4. non inventoriable costs

C

MCQ. Types of spoilage include

  1. normal spoilage
  2. abnormal spoilage
  3. weighted spoilage
  4. both a and b

D

MCQ. An example of spoilage is

  1. short lengths from wood work
  2. defective aluminum cans recycled by manufacturer
  3. detection of defective pieces before shipment
  4. all of above

B

MCQ. Units of normal spoilage are divided to total completed units rather than total actual produced units to calculate

  1. normal spoilage rates
  2. abnormal spoilage rates
  3. normal scrap rates
  4. abnormal scrap rates

A


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