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Retail Organizations: Inventory Management Quiz Questions and Answers 9 PDF Download

Learn retail organizations inventory management quiz, online cost accounting test 9 for distance learning, online courses. Free accounting MCQs questions and answers to learn retail organizations: inventory management MCQs with answers. Practice MCQs to test knowledge on retail organizations: inventory management with answers, building block concepts of costing systems, variations from normal costing, inventory types, inventoriable cost and period cost, retail organizations: inventory management test for online accounting transactions courses distance learning.

Free retail organizations: inventory management online course worksheet has multiple choice quiz question: if demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then economic order quantity will be with choices 678 packages, 648 packages, 658 packages and 668 packages with problems solving answer key to test study skills for online e-learning, formative assessment and jobs' interview preparation tips, study inventory management, just in time & costing methods multiple choice questions based quiz question and answers. Retail Organizations: Inventory Management Video

Quiz on Retail Organizations: Inventory Management Worksheet 9 Quiz PDF Download

Retail Organizations: Inventory Management Quiz

MCQ. If demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then economic order quantity will be

  1. 678 packages
  2. 648 packages
  3. 658 packages
  4. 668 packages

B

Inventory Types, Inventoriable Cost & Period Cost Quiz

MCQ. Labor related to manufacturing of product can be classified under

  1. direct manufacturing labor costs
  2. indirect manufacturing labor costs
  3. work in process cost
  4. finished costs

A

Variations from Normal Costing Quiz

MCQ. Budgeted total direct labor cost is divided with budgeted total direct labor, to calculate

  1. budgeted indirect labor cost rate
  2. expected direct labor cost rate
  3. budgeted direct labor cost rate
  4. expected indirect labor cost rate

C

Variations from Normal Costing Quiz

MCQ. Budgeted direct labor hours are multiplied to direct labor cost rate, to calculate

  1. expected total direct labor cost
  2. budgeted total direct labor cost
  3. budgeted total indirect labor cost
  4. expected labor hours

B

Building Block Concepts of Costing Systems Quiz

MCQ. Term which describes assigning of indirect cost, to any cost object is classified as

  1. cost allocation
  2. sales tracing
  3. sales allocation
  4. cost tracing

A