Conversion Costs MCQs Questions and Answers PDF Book Download

Conversion costs multiple choice questions (MCQs), conversion costs quiz answers to learn MBA courses for online accounting degree. Accounting concepts MCQs with answers, conversion costs quiz questions and answers for online bachelor's degree business administration. Learn types of inventory, cost analysis, inventory types, inventoriable cost and period cost, conversion costs test prep for business analyst certification.

Learn accounting concepts test MCQs: conversion cost is $2000 and manufacturing overhead cost is $7000, then direct manufacturing labor cost will be, with choices $27,000, $13,000, $130,000, and $29,500 for online bachelor's degree business administration. Practice merit scholarships assessment test, online learning conversion costs quiz questions for competitive assessment in business majors . Conversion Costs Video

MCQ on Conversion CostsQuiz Book Download

MCQ: Conversion cost is $2000 and manufacturing overhead cost is $7000, then direct manufacturing labor cost will be

  1. $27,000
  2. $13,000
  3. $130,000
  4. $29,500

B

MCQ: Conversion cost is subtracted from manufacturing overhead cost is to calculate the

  1. manufacturing labor costs
  2. direct labor costs
  3. direct manufacturing labor costs
  4. indirect manufacturing labor costs

C

MCQ: Direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be

  1. $47,000
  2. $33,000
  3. $57,000
  4. $18,000

A

MCQ: Conversion cost is subtracted from direct manufacturing labor cost to calculate the

  1. direct overheads
  2. overhead costs
  3. factory overhead
  4. manufacturing overhead cost

D

MCQ: If conversion cost is $25000 and direct manufacturing labor cost is $17000, then manufacturing overhead cost would be

  1. $14,700
  2. $68,000
  3. $8,000
  4. $42,000

C