Learn Accounting Quiz, Notes & Technology Articles

Variable Cost Quiz Questions and Answers 94 PDF Download

Practice variable cost quiz online, cost accounting test 94 for online courses learning. Free accounting MCQs questions and answers to learn variable cost MCQs with answers. Practice MCQs to test knowledge on variable cost, inventory costing methods, indirect costs allocation, joint cost basics worksheets.

Free variable cost course worksheet has multiple choice quiz question as total revenues is subtracted from total variable costs to calculate with options revenue margin, variable margin, contribution margin and divisor margin with answer key for problem solving to test study skills. for online learning, viva help and jobs' interview preparation tips, study cost volume profit analysis multiple choice questions based quiz question and answers. Variable Cost Video

Quiz on Variable Cost Quiz PDF Download Worksheet 94

Variable Cost Quiz

MCQ. The total revenues is subtracted from total variable costs to calculate

  1. revenue margin
  2. variable margin
  3. contribution margin
  4. divisor margin


Inventory Costing Methods Quiz

MCQ. The factors that affect the demand of the customers includes the

  1. cyclical factors
  2. seasonal factors
  3. trend factors
  4. all of above


Indirect Costs Allocation Quiz

MCQ. In a normal accounting period, an allocated amount of indirect cost is $700 and an actual amount is $800, then this can be classified as

  1. under allocated indirect cost
  2. over allocated direct cost
  3. over allocated budget
  4. under allocated budget


Joint Cost Basics Quiz

MCQ. In a joint process of production, a product which yields high volume of sales as compared to total sales volume of other products is known as

  1. incremental product
  2. sunk product
  3. main product
  4. split off product


Inventory Costing Methods Quiz

MCQ. The fixed direct manufacturing cost is calculated, by multiplying standard prices for standard quantity of allowed input for actual output in

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