Absorption Costing MCQs Test Online PDF Download

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MCQ on Absorption CostingQuiz PDF Download

MCQ: Under absorption costing, magnitude for favorable volume production variance is affected by choice of

  1. unplanned level
  2. budgeting level
  3. numerator level
  4. denominator level

D

MCQ: An income statement in absorption costing follows format of

  1. inventory margin
  2. sales margin
  3. Gross margin
  4. production margin

C

MCQ: Fixed manufacturing cost under absorption costing is

  1. high dividend
  2. low dividend
  3. inventoriable
  4. non-inventoriable

D

MCQ: In absorption costing, an effect on cost volume profit relationship is driven by

  1. unit level of production
  2. unit level of sales
  3. chosen denominator level
  4. all of above

D