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Inventory Costing Methods Quiz Questions and Answers 18 PDF Book Download

Inventory costing methods quiz, inventory costing methods MCQs with answers, MBA accounting quiz 18 for online accounting courses. College and university degree MCQs on capacity analysis and inventory costing quiz questions and answers, inventory costing methods multiple choice questions to practice accounting quiz with answers. Learn inventory costing methods MCQs, career aptitude test on broad averaging and consequence, estimating cost function using quantitative analysis, responsibility and controllability, inventory costing methods test prep for financial analyst certification.

Practice inventory costing methods career test with multiple choice question (MCQs): budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate, to learn finance and accounting degree with options fixed material price, variable materials price, fixed production units, budgeted production units for accounting degree jobs. Learn capacity analysis and inventory costing questions and answers with problem-solving skills assessment test for CMA certification. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 18Quiz Book Download

Inventory Costing Methods Quiz

MCQ: Budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate

  1. fixed material price
  2. variable materials price
  3. fixed production units
  4. budgeted production units

D

Responsibility & Controllability Quiz

MCQ: Cost influences by responsibility center manager who is considered as

  1. manager cost
  2. influential cost
  3. center cost
  4. controllable cost

D

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Success of cost reduction initiatives are evaluated by accurate

  1. cyclical factors
  2. indexed technique
  3. price estimation
  4. cost estimation

D

Broad Averaging & Consequence Quiz

MCQ: Budgeted total cost in indirect cost pool, is divided by budgeted total quantity of cost allocation base, is calculated by

  1. budgeted direct cost rate
  2. budgeted indirect cost rate
  3. expected indirect cost rate
  4. direct budget percentage

B

Budgets & Budgeting Cycle Quiz

MCQ: If indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then manufacturing budget will be

  1. $5,000
  2. $35,000
  3. $15,000
  4. $45,000

B