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Inventory Costing Methods Questions and Answers PDF Download eBook

Inventory Costing Methods trivia questions and answers, inventory costing methods quiz answers PDF 144 to practice accounting exam questions for online classes. Practice Capacity Analysis and Inventory Costing trivia questions and answers, inventory costing methods Multiple Choice Questions (MCQ) for online accounting degree. Free inventory costing methods MCQs, total costs and unit costs, accrual accounting rate of return method, cost estimation functions, budgeting and responsibility accounting, inventory costing methods test prep for online college classes.

"The standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in", inventory costing methods Multiple Choice Questions (MCQ) with choices standard costing, output costing, achieved costing, and input costing to study accounting degree online courses. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for online degrees. Inventory Costing Methods Video

Trivia Quiz on Inventory Costing Methods PDF Download eBook

Inventory Costing Methods Quiz

MCQ: The standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in

  1. output costing
  2. standard costing
  3. achieved costing
  4. input costing

B

Budgeting and Responsibility Accounting Quiz

MCQ: The segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as

  1. subunit center
  2. instruction center
  3. responsibility center
  4. activity segment

C

Cost Estimation Functions Quiz

MCQ: In estimation of cost functions, the variations in a single activity level represents the

  1. related total costs
  2. related fixed cost
  3. related variable cost
  4. related per unit cost

A

Accrual Accounting Rate of Return Method Quiz

MCQ: The sum of returned working capital and net initial investment is divided by 2 to calculate

  1. increase in operating income
  2. average investment over five years
  3. average capital invested
  4. average rate of return

B

Total Costs and Unit Costs Quiz

MCQ: If the cost per unit is $50 and the total number of units manufactured in company are 5000, then the total manufacturing cost will be

  1. $220,000
  2. $232,000
  3. $250,000
  4. $25,000

C