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Normal Costings Quiz Questions and Answers 86 PDF Download

Learn normal costings quiz questions, online MBA cost accounting test 86 for distance learning MBA programs, online accounting courses. Colleges and universities courses' MCQs on job costing quiz, normal costings multiple choice questions and answers to learn accounting quiz with answers. Practice normal costings MCQs, GMAT test assessment on revenue allocation methods, constant gross margin percentage nrv method, inventory costing methods, normal costings practice test for online master of professional accounting courses distance learning.

Study normal costings online courses with multiple choice question (MCQs): manufacturing overhead cost allocated to individual jobs is classified as, for BBA degree and executive MBA degree in accounting questions with choices manufacturing overhead allocated, cost overhead applied, manufacturing overhead applied, both a and c for online competitive test preparation for job hiring, graduate jobs and research jobs preparation. Learn job costing quizzes with problem-solving skills assessment test to prepare entrance exam for admission in MBA degree online. Normal Costings Video

Quiz on Normal Costings Worksheet 86Quiz PDF Download

Normal Costings Quiz

MCQ: Manufacturing overhead cost allocated to individual jobs is classified as

  1. manufacturing overhead allocated
  2. cost overhead applied
  3. manufacturing overhead applied
  4. both A and C


Inventory Costing Methods Quiz

MCQ: If target operating income is $45000 and contribution margin per unit is $500, then number of units must be sold to earn targeted operating incomes will be

  1. 100 units
  2. 90 units
  3. 110 units
  4. 120 units


Inventory Costing Methods Quiz

MCQ: Measuring of capacity in terms of normal capacity utilization is also termed as

  1. output demanded
  2. input demanded
  3. capacity supplied
  4. capacity borrowed


Constant Gross Margin Percentage NRV Method Quiz

MCQ: Second step, in constant gross margin percentage Net Realizable Value (NRV) method, to allocate joint cost is to compute

  1. allocated joint costs
  2. cost of split off point
  3. Gross margin percentage
  4. total production cost of each product


Revenue Allocation Methods Quiz

MCQ: In stand-alone revenue-allocation method, type of weights available for this method are

  1. selling prices as weights
  2. unit costs as weights
  3. physical units as weights
  4. all of above