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Inventory Costing Methods Quiz Questions and Answers 144 PDF Book Download

Inventory costing methods quiz, inventory costing methods MCQs with answers, MBA accounting quiz 144 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 accrual accounting rate of return method, cost estimation functions, budgeting and responsibility accounting, inventory costing methods test prep for financial analyst certification.

Practice inventory costing methods career test with multiple choice question (MCQs): standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in, to learn finance and accounting degree with options output costing, standard costing, achieved costing, input costing for jobs for accounting and finance majors. Learn capacity analysis and inventory costing questions and answers with problem-solving skills assessment test for CFP certification. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 144Quiz Book Download

Inventory Costing Methods Quiz

MCQ: Standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in

  1. output costing
  2. standard costing
  3. achieved costing
  4. input costing

B

Budgeting & Responsibility Accounting Quiz

MCQ: Segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as

  1. subunit center
  2. instruction center
  3. responsibility center
  4. activity segment

C

Cost Estimation Functions Quiz

MCQ: In estimation of cost functions, variations in a single activity level represents the

  1. related total costs
  2. related fixed cost
  3. related variable cost
  4. related per unit cost

A

Accrual Accounting Rate of Return Method Quiz

MCQ: Sum of returned working capital and net initial investment is divided by 2 to calculate

  1. increase in operating income
  2. average investment over five years
  3. average capital invested
  4. average rate of return

B

Total Costs & Unit Costs Quiz

MCQ: If cost per unit is $50 and total number of units manufactured in company are 5000, then total manufacturing cost will be

  1. $220,000
  2. $232,000
  3. $250,000
  4. $25,000

C