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Normal Costings Quiz Questions and Answers 86 PDF Book Download

Normal costings quiz questions, normal costings MCQs answers, MBA accounting quiz 86 to learn accounting courses online. Job costing quiz questions and answers, normal costings multiple choice questions (MCQ) to practice accounting quiz with answers for online colleges and universities courses. Learn normal costings MCQs, constant gross margin percentage nrv method, inventory costing methods, normal costings test prep for finance certifications.

Learn normal costings test with multiple choice question (MCQs): manufacturing overhead cost allocated to individual jobs is classified as, with choices manufacturing overhead allocated, cost overhead applied, manufacturing overhead applied, and both a and c for online schools for business management degree. Learn job costing questions and answers for scholarships exams' problem-solving, assessment test for business analyst certification. Normal Costings Video

Quiz on Normal Costings Worksheet 86Quiz Book 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

D

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

B

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

A

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

D

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

D