Learn inventory costing methods quiz online, cost accounting test 144 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, total costs and unit costs, accrual accounting rate of return method, cost estimation functions, budgeting and responsibility accounting, inventory costing methods practice test for online advanced cost accounting courses distance learning.

Free online inventory costing methods course worksheet has multiple choice quiz question: standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in with choices output costing, standard costing, achieved costing and input costing for online business administrator interview questions and answers with BBA, MBA competitive exam tests, study capacity analysis & inventory costing multiple choice questions based quiz question and answers. Inventory Costing Methods Video

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