Inventory Costing Methods MCQs Quiz Online PDF Download

Learn inventory costing methods MCQs, cost accounting test for learning online courses and test prep to practice. Capacity analysis and inventory costing quiz has multiple choice questions (MCQ), inventory costing methods quiz questions and answers, inventory costing: manufacturing companies, inventory costing methods tutorials for online bachelor of accounting and finance courses distance learning.

Cost accounting practice test MCQ: an approach used for choosing capacity level, having no beginning inventory, is classified as with choices write off variance approach, write in variance approach, adjusted variance approach and unadjusted variance approach for current students to get good grades in midterm and final exams with online distance learning resources. Free study guide is for online learning inventory costing methods quiz with MCQs to practice test questions with answers. Inventory Costing Methods Video

MCQs on Inventory Costing Methods Quiz 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

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