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Process Costing System Quiz Questions and Answers 165 PDF Download

Process costing system quiz questions, learn MBA cost accounting online test prep 165 for distance learning, online degrees courses. Colleges and universities courses' MCQs on process costing quiz, process costing system multiple choice questions and answers to learn accounting quiz with answers. Practice process costing system MCQs, GMAT test prep on revenue allocation methods, types of spoilage, cost analysis, total costs and unit costs, process costing system practice test for online highest degree in accounting courses distance learning.

Study process costing system online courses with multiple choice question (MCQs), if total incurred cost in a production process are $30000 and number of output units are 5000 units, then units cost will be, for BBA degree and executive MBA degree in accounting questions with choices $16 , $60 , $6 , $26 for online competitive test preparation for government jobs, highest paying jobs and teaching jobs. Learn process costing questions and answers with problem-solving skills assessment test for technical business analyst job's test preparation. Process Costing System Video

Quiz on Process Costing System Worksheet 165Quiz PDF Download

Process Costing System Quiz

MCQ: If total incurred cost in a production process are $30000 and number of output units are 5000 units, then units cost will be

  1. $16
  2. $60
  3. $6
  4. $26


Total Costs & Unit Costs Quiz

MCQ: Quantity of manufactured goods are sold at which total cost equal, is known as

  1. breakeven point
  2. cost point
  3. revenue point
  4. quantity point


Cost Analysis Quiz

MCQ: In costing of project, wages paid to workers for unproductive work at time of material shortage is termed as

  1. indirect wages
  2. health wages
  3. idle time wages
  4. shortage time wages


Types of Spoilage Quiz

MCQ: An amount of spoilage that is natural in any particular production process is classified as

  1. normal scrap
  2. normal spoilage
  3. abnormal spoilage
  4. weighted spoilage


Revenue Allocation Methods Quiz

MCQ: Method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as

  1. step down allocation method
  2. stand-alone revenue allocation method
  3. incremental revenue allocation method
  4. revenue mix allocation method