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Inventory Costing Methods Questions and Answers PDF Download eBook

Inventory Costing Methods trivia questions and answers, inventory costing methods quiz answers PDF 21 to practice accounting exam questions for online classes. Practice Capacity Analysis and Inventory Costing trivia questions and answers, inventory costing methods Multiple Choice Questions (MCQ) for online accounting degree. Free inventory costing methods MCQs, direct costs and indirect costs, estimating cost function using quantitative analysis, indirect costs allocation, price and efficiency variance, inventory costing methods test prep for grad cert business administration.

"The fixed rate of calculation is based on the", inventory costing methods Multiple Choice Questions (MCQ) with choices capacity available, capacity used, capacity utilization, and downward demand for online graduate programs. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for business administration bachelor degree online. Inventory Costing Methods Video

Trivia Quiz on Inventory Costing Methods PDF Download eBook

Inventory Costing Methods Quiz

MCQ: The fixed rate of calculation is based on the

  1. capacity used
  2. capacity available
  3. capacity utilization
  4. downward demand

B

Price and Efficiency Variance Quiz

MCQ: The degree which predetermines target or income achieved, can be grouped under

  1. growth evaluation
  2. performance evaluation
  3. efficiency
  4. effectiveness

D

Indirect Costs Allocation Quiz

MCQ: An under allocated indirect cost is also called

  1. under applied indirect cost
  2. under absorbed indirect cost
  3. absorbed indirect cost
  4. both a and b

D

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: An implementation of activity based costing would be possible only if the accountants find

  1. goodness of each activity
  2. handling of each activity
  3. cost driver for each activity
  4. cost object for each activity

C

Direct Costs and Indirect Costs Quiz

MCQ: The cost, which is related to specific cost object and economically traceable, will be classified as

  1. direct cost
  2. indirect cost
  3. line cost
  4. staff cost

A