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Inventory Costing Methods Quiz Questions and Answers 108 PDF Download

Learn inventory costing methods quiz, online cost accounting test 108 for online courses, distance learning. Free accounting MCQs questions and answers to learn inventory costing methods MCQs with answers. Practice MCQs to test knowledge on inventory costing methods, manufacturing, merchandising and service sector companies, estimating cost function using quantitative analysis, conversion costs for online accounting rules course test.

Free inventory costing methods course worksheet has multiple choice quiz question as in absorption costing, managers may increase operating income by producing with options more sales, more inventory units, less inventory units and less sales with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study capacity analysis & inventory costing multiple choice questions based quiz question and answers. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Quiz PDF Download Worksheet 108

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