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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 learning, distance learning courses. Free inventory costing methods MCQs questions and answers to learn accounting quiz with answers. Practice tests for educational assessment on inventory costing methods test with answers, conversion costs, estimating cost function using quantitative analysis, manufacturing, merchandising and service sector companies, inventory costing methods practice test for online BBA degree career courses distance learning.

Free online inventory costing methods course worksheet has multiple choice quiz question: 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 knowledge tests, online eLearning, undergraduate and masters degree competitive exams, study capacity analysis & inventory costing multiple choice questions based quiz question and answers. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 108 Quiz PDF 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