Prime Costs MCQs Quiz Online PDF Download

Learn prime costs MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice accounting concepts multiple choice questions (MCQs), prime costs quiz questions and answers. GMAT test prep on conversion costs, manufacturing costs, prime costs tutorials for online graduate degree courses distance learning.

Study bachelors and masters in accounting degree MCQs: direct manufacturing labor costs is added into manufacturing overhead cost to calculate, for online courses with choices transaction costs, conversion costs, resale costs, and merchandise costs for online preparation of competency based interview with trivia questions and answers. Free skills assessment test is for online learn prime costs quiz questions with MCQs, exam preparation questions and answers for admission test preparation for admission in part time MBA program. Prime Costs Video

MCQs on Prime CostsQuiz PDF Download

MCQ: Direct manufacturing labor costs is added into manufacturing overhead cost to calculate

  1. transaction costs
  2. conversion costs
  3. resale costs
  4. merchandise costs

B

MCQ: In cost terms, direct manufacturing labor cost is included in

  1. manufacturing costs
  2. prime costs
  3. conversion costs
  4. both B and C

D

MCQ: Prime cost is $50000 and direct manufacturing labor is $10000, then direct material cost will be

  1. $40,000
  2. $60,000
  3. $52,000
  4. $20,000

A

MCQ: Direct material cost is $75000 and direct manufacturing labor is $20000, then prime cost would be

  1. $55,000
  2. $37,500
  3. $95,000
  4. $26,000

C

MCQ: If direct material cost is $5500 and prime cost is $25000, then direct manufacturing labor would be

  1. $19,500
  2. $30,500
  3. $45,500
  4. $22,500

A