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Capacity Analysis and Inventory Costing Multiple Choice Questions and Answers 1 PDF Book Download

Capacity analysis and inventory costing multiple choice questions (MCQs), capacity analysis and inventory costing quiz answers, MBA accounting test prep 1 to learn online accounting courses. Absorption costing MCQs, capacity analysis and inventory costing quiz questions and answers for admission and merit scholarships test. Practice absorption costing, inventory costing methods, inventory costing: manufacturing companies career test for accounting certifications.

Learn capacity analysis and inventory costing quiz with multiple choice questions: under absorption costing, magnitude for favorable volume production variance is affected by choice of, with choices budgeting level, unplanned level, numerator level, and denominator level for business management classes online. Practice jobs' assessment test for online learning absorption costing quiz questions with financial accounting MCQs for finance certifications. Absorption Costing Video

MCQs on Capacity Analysis & Inventory Costing Test 1 PDF Book Download

MCQ: Under absorption costing, magnitude for favorable volume production variance is affected by choice of

  1. unplanned level
  2. budgeting level
  3. numerator level
  4. denominator level

D

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 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