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Inventory Costing Methods Quiz Questions and Answers 144 PDF Download

Learn inventory costing methods quiz, online cost accounting test 144 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, budgeting and responsibility accounting, cost estimation functions, accrual accounting rate of return method, total costs and unit costs for online college business degree tests.

Free inventory costing methods course worksheet has multiple choice quiz question as standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in with options output costing, standard costing, achieved costing and input costing 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 144

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