Learn Accounting Quiz, Notes and Technology Articles

Inventory Costing Methods Quiz Questions and Answers 82 PDF Book Download

Inventory costing methods quiz, inventory costing methods MCQs answers, MBA accounting quiz 82 to learn accounting courses online. Capacity analysis and inventory costing quiz questions and answers, inventory costing methods multiple choice questions (MCQ) to practice accounting quiz with answers for college and university courses. Learn inventory costing methods MCQs, spoilage, rework and scrap terminology, inventory costing: manufacturing companies, cost analysis dimensions, inventory costing methods test prep for CPA certification.

Learn inventory costing methods test with multiple choice question (MCQs): an actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in, with choices actual costing method, normal costing method, direct costing method, and indirect costing method for online masters in finance. Learn capacity analysis and inventory costing questions and answers for scholarships exams' problem-solving, assessment test for CPA certification. Inventory Costing Methods Video

Quiz on Inventory Costing Methods Worksheet 82Quiz Book Download

Inventory Costing Methods Quiz

MCQ: An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in

  1. actual costing method
  2. normal costing method
  3. direct costing method
  4. indirect costing method

A

Cost Analysis Dimensions Quiz

MCQ: Dimensional analysis of cost includes

  1. horizontally across dimension
  2. horizontally upward dimension
  3. vertically upward dimension
  4. both a and c

D

Inventory Costing: Manufacturing Companies Quiz

MCQ: In two of methods of costing, operating income will be different if the

  1. fixed cost does not change
  2. inventory changes
  3. inventory does not change
  4. fixed cost changes

B

Spoilage, Rework & Scrap Terminology Quiz

MCQ: An example of rework is

  1. short lengths from wood work
  2. defective aluminum cans recycled by manufacturer
  3. detection of defective pieces before shipment
  4. none of above

C

Prime Costs Quiz

MCQ: Prime cost is $50000 and direct manufacturing labor is $10000, then direct material cost will be

  1. $40,000
  2. $60,000
  3. $52,000
  4. $20,000

A