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Weighted Average Method Quiz Questions and Answers 23 PDF Download

Learn weighted average method quiz questions, online MBA cost accounting test 23 for distance learning degree, online MBA courses. Colleges and universities courses, MCQs on process costing quiz, weighted average method multiple choice questions and answers to learn accounting quiz with answers. Practice weighted average method MCQs career test assessment on inventory costing: manufacturing companies, concept of relevance, price and efficiency variance, activity based costing systems, weighted average method practice test for online accounting policies courses distance learning.

Study BBA degree and executive MBA degree in accounting questions, weighted average method online course has multiple choice question (MCQs): if beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are with options 1800 units, 1500 units, 1300 units and 1500 units with online business courses preparation for BBA, MBA and associate business degree programs. Learn process costing quiz questions with problem solving skills assessment test for colleges and universities' entrance exam preparation. Weighted Average Method Video

Quiz on Weighted Average Method Worksheet 23Quiz PDF Download

Weighted Average Method Quiz

MCQ: If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are

  1. 1800 units
  2. 1500 units
  3. 1300 units
  4. 1500 units

C

Activity Based Costing Systems Quiz

MCQ: In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as

  1. different task
  2. purpose cost
  3. an activity
  4. an allocation cost

C

Price & Efficiency Variance Quiz

MCQ: If budgeted input price is $50, price variance is $30 then an actual price will be

  1. $100
  2. $20
  3. $80
  4. $60

C

Concept of Relevance Quiz

MCQ: Kind of costs that has been occurred in past are also known as

  1. unrecorded costs
  2. recorded costs
  3. sunk costs
  4. bunked costs

C

Inventory Costing: Manufacturing Companies Quiz

MCQ: If contribution margin per unit is $5000, selling price is $1500 and variable manufacturing cost per unit is $1200, then per unit cost of marketing will be

  1. $4,200
  2. $2,300
  3. $7,700
  4. $6,700

B