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Inventory Costing Methods Quiz Questions and Answers 108 PDF Book Download

Inventory costing methods quiz questions, inventory costing methods MCQs with answers, MBA accounting test prep 108 to learn MBA accounting degree online courses. Capacity analysis and inventory costing quiz questions and answers, inventory costing methods multiple choice questions (MCQs) to practice accounting quiz with answers for online colleges and universities courses. Learn inventory costing methods MCQs, estimating cost function using quantitative analysis, manufacturing, merchandising and service sector companies, inventory costing methods test prep for CPA certification.

Learn inventory costing methods test with multiple choice question (MCQs): in absorption costing, managers may increase operating income by producing, with choices more sales, more inventory units, less inventory units, and less sales for online business degree programs. Learn capacity analysis and inventory costing questions and answers for problem-solving, merit scholarships assessment test for financial business analyst certification. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 108Quiz Book Download

Inventory Costing Methods Quiz

MCQ: In absorption costing, managers may increase operating income by producing

  1. more sales
  2. more inventory units
  3. less inventory units
  4. less sales

B

Manufacturing, Merchandising & Service Sector Companies Quiz

MCQ: Service sector companies include

  1. cellular phone producers
  2. mutual fund companies
  3. radio stations
  4. wholesalers

B

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Factor used to predict dependent variable is named as

  1. independent variable
  2. function variable
  3. evaluation variable
  4. estimation variable

A

Inventory Costing Methods Quiz

MCQ: Denominator of fixed manufacturing cost rate is

  1. adjusted labor utilization
  2. unadjusted labor utilization
  3. material utilization
  4. capacity utilization

D

Conversion Costs Quiz

MCQ: Conversion cost is subtracted from manufacturing overhead cost is to calculate the

  1. manufacturing labor costs
  2. direct labor costs
  3. direct manufacturing labor costs
  4. indirect manufacturing labor costs

C