Learn Accounting Online Notes & Technology Articles

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 course prep exams. Practice absorption costing MCQs questions and answers on absorption costing, inventory costing methods, inventory costing manufacturing companies for graduate test for MBA.

Free capacity analysis and inventory costing quiz online, study guide has multiple choice question on under absorption costing, magnitude for favorable volume production variance is affected by choice of with options budgeting level, unplanned level, numerator level and denominator level to test online e-learning skills for viva exam prep and job's interview questions with answers key. Study to learn absorption costing quiz questions with online learning MCQs for competitive exam preparation test. Absorption Costing Video

MCQ on Capacity Analysis and Inventory Costing Quiz PDF Download Test 1

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