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Capacity Analysis and Inventory Costing Multiple Choice Questions 1 PDF Download

Learn capacity analysis and inventory costing multiple choice questions (MCQs), cost accounting test 1 for online learning, course exam prep. Practice absorption costing MCQs, capacity analysis and inventory costing questions and answers on absorption costing, inventory costing methods, inventory costing manufacturing companies test for online accounting process courses distance learning.

Free online capacity analysis and inventory costing quiz, self-study student guide has multiple choice question: 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 undergraduate students to compete in online entrance exams for postgraduate and PhD degree programs. Study to learn online absorption costing quiz questions with financial accounting MCQs for finance certification competitive exam prep. Absorption Costing Video

MCQ on Capacity Analysis and Inventory Costing Test 1 Quiz PDF 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