Inventory Costing Methods MCQs Quiz Online PDF Book Download

Inventory costing methods MCQs, inventory costing methods quiz with answers for online learning accounting courses. Learn capacity analysis and inventory costing multiple choice questions (MCQs), inventory costing methods quiz questions and answers. Career test on inventory costing methods test prep for certified financial advisors.

Learn capacity analysis and inventory costing practice test MCQs: an approach used for choosing capacity level, having no beginning inventory, is classified as to learn finance and accounting degree with options write off variance approach, write in variance approach, adjusted variance approach, unadjusted variance approach for financial advisor jobs. Free skills assessment test for online learning inventory costing methods quiz questions for competitive assessment in business majors for certified accountant certification. Inventory Costing Methods Video

MCQ on Inventory Costing MethodsQuiz Book 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

A

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

C

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

C

MCQ: Managers using capacity planning do not make

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

A

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

D