Inventory Costing Manufacturing Companies MCQs Quiz Online PDF Download

Learn inventory costing manufacturing companies MCQs, cost accounting test for online courses learning and test prep to practice. Capacity analysis and inventory costing quiz has multiple choice questions (MCQ), inventory costing manufacturing companies quiz questions and answers to learn for best online MBA programs tests.

Cost accounting practice test MCQ on if production is less than sales so, an operating income under absorption costing will be called with options higher income, zero dividends, negative income value and lower income problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning inventory costing manufacturing companies quiz with MCQs to practice test questions with answers. Inventory Costing Manufacturing Companies Video

MCQs on Inventory Costing Manufacturing Companies Quiz PDF Download

MCQ. If production is less than sales so, an operating income under absorption costing will be called

  1. higher income
  2. zero dividends
  3. negative income value
  4. lower income

D

MCQ. If inventory level decreases then operating income, under variable costing, will be reported

  1. more
  2. less
  3. zero
  4. none of above

A

MCQ. If contribution margin per unit is $5000, selling price is $1500 and variable manufacturing cost per unit is $1200, then per unit cost of marketing will be

  1. $4,200
  2. $2,300
  3. $7,700
  4. $6,700

B

MCQ. Difference between absorption and variable costing is accountability of

  1. direct overhead
  2. indirect overhead cost
  3. fixed manufacturing cost
  4. variable manufacturing cost

C

MCQ. Method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as

  1. absorption costing
  2. variable costing
  3. fixed costing
  4. manufacturing cost

A