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Variable Cost Questions and Answers PDF Download eBook

Variable Cost trivia questions and answers, variable cost quiz answers PDF 138 to practice accounting exam questions for online classes. Practice Cost Volume Profit Analysis trivia questions and answers, variable cost Multiple Choice Questions (MCQ) for online accounting degree. Free variable cost MCQs, scrap and byproducts accounting, gross margin calculations, normal costings, inventory management and mrp, variable cost test prep for online BBA degree.

"The variable cost is subtracted from fixed costs to calculate", variable cost Multiple Choice Questions (MCQ) with choices fixed income, unit income, operating income, and marginal income to learn online MBA accounting courses. Learn cost volume profit analysis questions and answers to improve problem solving skills for business management degree online. Variable Cost Video

Trivia Quiz on Variable Cost PDF Download eBook

Variable Cost Quiz

MCQ: The variable cost is subtracted from fixed costs to calculate

  1. unit income
  2. fixed income
  3. operating income
  4. marginal income

C

Inventory Management and MRP Quiz

MCQ: The costing system, which omits some of the journal entries in accounting system is known as

  1. in-time costing
  2. trigger costing
  3. back flush costing
  4. lead time costing

C

Normal Costings Quiz

MCQ: If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be

  1. $803.571 per labor hour
  2. $805 per labor hour
  3. $905 per labor hour
  4. $802 per labor hour

A

Gross Margin Calculations Quiz

MCQ: The fixed cost is divided to contribution margin to calculate

  1. breakeven revenue
  2. total revenue
  3. fixed revenue
  4. variable revenue

A

Scrap and Byproducts Accounting Quiz

MCQ: The costing, which explains how and when scrap affects the operating income of company is classified as

  1. inventory costing
  2. conversion costing
  3. normal scrap costing
  4. abnormal scrap costing

A