Weighted average method quiz, weighted average method MCQs answers, MBA accounting quiz 23 to learn online accounting courses. Process costing quiz questions and answers, weighted average method multiple choice questions (MCQ) to practice accounting quiz with answers for college and university courses. Learn weighted average method MCQs, career test on concept of relevance, price and efficiency variance, activity based costing systems, weighted average method test prep for CPA certification.

Practice weighted average method career test with 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 choices 1800 units, 1500 units, 1300 units, and 1500 units for online degree in accounting and finance. Learn process costing questions and answers for scholarships exams' problem-solving, assessment test for financial business analyst certification. Weighted Average Method Video

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

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