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Normal Costings Quiz Questions and Answers 86 PDF Download

Normal costings quiz questions and answers, normal costings online learning, MBA accounting test prep 86 for distance education eCourses. Undergraduate degree and master's degree eCourses MCQs on job costing quiz, normal costings multiple choice questions to practice accounting quiz with answers. Learn normal costings MCQs, career aptitude test on revenue allocation methods, constant gross margin percentage nrv method, inventory costing methods, normal costings test for online master of professional accounting courses distance learning.

Practice normal costings career test with multiple choice question (MCQs): manufacturing overhead cost allocated to individual jobs is classified as, for e-learning degree certificate with options manufacturing overhead allocated, cost overhead applied, manufacturing overhead applied, both a and c for online schools for business administration. Learn job costing questions and answers 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

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