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Inventory Costing Methods Quiz Questions and Answers PDF Download eBook

Inventory Costing Methods quiz questions and answers, inventory costing methods MCQs with answers PDF 82 to practice accounting mock tests for online graduate programs. Practice Capacity Analysis and Inventory Costing quiz questions with answers, inventory costing methods Multiple Choice Questions (MCQ) for online accounting degree. Free inventory costing methods MCQs, prime costs, spoilage, rework and scrap terminology, inventory costing: manufacturing companies, cost analysis dimensions, inventory costing methods test prep for online college classes.

"An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in", inventory costing methods Multiple Choice Questions (MCQ) with choices normal costing method, actual costing method, direct costing method, and indirect costing method for online accounting bachelor degree. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for online degrees. Inventory Costing Methods Video

Quiz on Inventory Costing Methods PDF Download eBook

Inventory Costing Methods Quiz

MCQ: An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in

  1. actual costing method
  2. normal costing method
  3. direct costing method
  4. indirect costing method

A

Cost Analysis Dimensions Quiz

MCQ: The dimensional analysis of cost includes

  1. horizontally across dimension
  2. horizontally upward dimension
  3. vertically upward dimension
  4. both a and c

D

Inventory Costing: Manufacturing Companies Quiz

MCQ: In two of the methods of costing, the operating income will be different if the

  1. fixed cost does not change
  2. inventory changes
  3. inventory does not change
  4. fixed cost changes

B

Spoilage, Rework and Scrap Terminology Quiz

MCQ: An example of rework is

  1. short lengths from wood work
  2. defective aluminum cans recycled by manufacturer
  3. detection of defective pieces before shipment
  4. none of above

C

Prime Costs Quiz

MCQ: The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be

  1. $40,000
  2. $60,000
  3. $52,000
  4. $20,000

A