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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 test prep 18 to learn MBA accounting online courses. Capacity analysis and inventory costing quiz questions and answers, inventory costing methods multiple choice questions (MCQs) for online accounting degree. Learn inventory costing methods MCQs, budgets and budgeting cycle, broad averaging and consequence, estimating cost function using quantitative analysis, responsibility and controllability, inventory costing methods test prep for financial business analyst certification.

Learn inventory costing methods MCQ with multiple choice questions: budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate, with choices fixed material price, variable materials price, fixed production units, and budgeted production units for masters degree in business management. Learn capacity analysis and inventory costing questions and answers for problem-solving, merit scholarships assessment test for business analyst certification. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 18 PDF Book Download

Inventory Costing Methods MCQ

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 MCQ

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 MCQ

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 MCQ

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 MCQ

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