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Process Costing System Quiz Questions and Answers 165 PDF Download

Learn process costing system quiz, online cost accounting test 165 for online courses, distance learning. Free accounting MCQs questions and answers to learn process costing system MCQs with answers. Practice MCQs to test knowledge on process costing system, total costs and unit costs, cost analysis, types of spoilage, revenue allocation methods for online accounting process course test.

Free process costing system course worksheet has multiple choice quiz question as if total incurred cost in a production process are $30000 and number of output units are 5000 units, then units cost will be with options $16 , $60 , $6 and $26 with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study process costing multiple choice questions based quiz question and answers. Process Costing System Video

Quiz on Process Costing System Quiz PDF Download Worksheet 165

Process Costing System Quiz

MCQ. If total incurred cost in a production process are $30000 and number of output units are 5000 units, then units cost will be

  1. $16
  2. $60
  3. $6
  4. $26

C

Total Costs & Unit Costs Quiz

MCQ. Quantity of manufactured goods are sold at which total cost equal, is known as

  1. breakeven point
  2. cost point
  3. revenue point
  4. quantity point

A

Cost Analysis Quiz

MCQ. In costing of project, wages paid to workers for unproductive work at time of material shortage is termed as

  1. indirect wages
  2. health wages
  3. idle time wages
  4. shortage time wages

C

Types of Spoilage Quiz

MCQ. An amount of spoilage that is natural in any particular production process is classified as

  1. normal scrap
  2. normal spoilage
  3. abnormal spoilage
  4. weighted spoilage

B

Revenue Allocation Methods Quiz

MCQ. Method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as

  1. step down allocation method
  2. stand-alone revenue allocation method
  3. incremental revenue allocation method
  4. revenue mix allocation method

C