Inventory Costing Methods MCQs Quiz Online PDF Download

Inventory costing methods MCQs, learn MBA cost accounting online test prep for distance education, online courses. Practice capacity analysis and inventory costing multiple choice questions (MCQs), inventory costing methods quiz questions and answers. GMAT test prep on inventory costing: manufacturing companies, inventory costing methods, absorption costing tutorials for online bachelor of accounting and finance courses distance learning.

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MCQs on Inventory Costing MethodsQuiz PDF Download

MCQ: An approach used for choosing capacity level, having no beginning inventory, is classified as

  1. write off variance approach
  2. write in variance approach
  3. adjusted variance approach
  4. unadjusted variance approach


MCQ: If budgeted fixed cost is $26000, per unit budgeted denominator level is 1300 units, then budgeted fixed cost will be

  1. $50
  2. $30
  3. $20
  4. $40


MCQ: If target operating income is $38000, contribution margin per unit is $400, then number of units must be sold to earn targeted operating income will be

  1. 65 units
  2. 75 units
  3. 95 units
  4. 85 units


MCQ: Managers using capacity planning do not make

  1. pricing decisions
  2. marketing decisions
  3. financial decisions
  4. cost budgeting decisions


MCQ: Budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate

  1. fixed material price
  2. variable materials price
  3. fixed production units
  4. budgeted production units