Inventory Costing Methods Quiz Questions and Answers PDF Download eBook
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"An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in", inventory costing methods Multiple Choice Questions (MCQ) with choices normal costing method, actual costing method, direct costing method, and indirect costing method for online accounting bachelor degree. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for online degrees. Inventory Costing Methods Video
Quiz on Inventory Costing Methods PDF Download eBook
MCQ: An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in
- actual costing method
- normal costing method
- direct costing method
- indirect costing method
A
MCQ: The dimensional analysis of cost includes
- horizontally across dimension
- horizontally upward dimension
- vertically upward dimension
- both a and c
D
MCQ: In two of the methods of costing, the operating income will be different if the
- fixed cost does not change
- inventory changes
- inventory does not change
- fixed cost changes
B
MCQ: An example of rework is
- short lengths from wood work
- defective aluminum cans recycled by manufacturer
- detection of defective pieces before shipment
- none of above
C
MCQ: The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be
- $40,000
- $60,000
- $52,000
- $20,000
A