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Inventory Costing Methods Quiz Questions and Answers 18 PDF Download

Learn inventory costing methods quiz online, cost accounting test 18 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, budgets and budgeting cycle, broad averaging and consequence, estimating cost function using quantitative analysis, responsibility and controllability, inventory costing methods practice test for online MSc accounting and finance courses distance learning.

Free online inventory costing methods course worksheet has multiple choice quiz question: budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate with choices fixed material price, variable materials price, fixed production units and budgeted production units for online competitive test preparation for government jobs, highest paying jobs and teaching jobs, study capacity analysis & inventory costing multiple choice questions based quiz question and answers. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 18 Quiz PDF Download

Inventory Costing Methods Quiz

MCQ: Budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate

  1. fixed material price
  2. variable materials price
  3. fixed production units
  4. budgeted production units


Responsibility & Controllability Quiz

MCQ: Cost influences by responsibility center manager who is considered as

  1. manager cost
  2. influential cost
  3. center cost
  4. controllable cost


Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Success of cost reduction initiatives are evaluated by accurate

  1. cyclical factors
  2. indexed technique
  3. price estimation
  4. cost estimation


Broad Averaging & Consequence Quiz

MCQ: Budgeted total cost in indirect cost pool, is divided by budgeted total quantity of cost allocation base, is calculated by

  1. budgeted direct cost rate
  2. budgeted indirect cost rate
  3. expected indirect cost rate
  4. direct budget percentage


Budgets & Budgeting Cycle Quiz

MCQ: If indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then manufacturing budget will be

  1. $5,000
  2. $35,000
  3. $15,000
  4. $45,000