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Variable Cost Quiz Questions and Answers 94 PDF Download

Learn variable cost quiz, online cost accounting test 94 for distance learning, online courses. Free accounting MCQs questions and answers to learn variable cost MCQs with answers. Practice MCQs to test knowledge on variable cost with answers, joint cost basics, indirect costs allocation, inventory costing methods, variable cost test for online business schools courses distance learning.

Free variable cost online course worksheet has multiple choice quiz question: total revenues is subtracted from total variable costs to calculate with choices revenue margin, variable margin, contribution margin and divisor margin for online business analyst interview questions and answers with BBA, MBA competitive exam tests, study cost volume profit analysis multiple choice questions based quiz question and answers. Variable Cost Video

Quiz on Variable Cost Worksheet 94 Quiz PDF Download

Variable Cost Quiz

MCQ. Total revenues is subtracted from total variable costs to calculate

  1. revenue margin
  2. variable margin
  3. contribution margin
  4. divisor margin

C

Inventory Costing Methods Quiz

MCQ. Factors that affect demand of customers include

  1. cyclical factors
  2. seasonal factors
  3. trend factors
  4. all of above

D

Indirect Costs Allocation Quiz

MCQ. In a normal accounting period, an allocated amount of indirect cost is $700 and an actual amount is $800, then this can be classified as

  1. under allocated indirect cost
  2. over allocated direct cost
  3. over allocated budget
  4. under allocated budget

A

Joint Cost Basics Quiz

MCQ. In a joint process of production, a product which yields high volume of sales as compared to total sales volume of other products is known as

  1. incremental product
  2. sunk product
  3. main product
  4. split off product

C

Inventory Costing Methods Quiz

MCQ. Fixed direct manufacturing cost is calculated, by multiplying standard prices for standard quantity of allowed input for actual output in

  1. input costing
  2. output costing
  3. standard costing
  4. achieved costing

C