Transferred In Costs Process Costing MCQs Quiz Online PDF Download

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MCQs on Transferred In Costs Process CostingQuiz PDF Download

MCQ: Cost of previous department is a part of

  1. transferred-in costs
  2. transferred-out costs
  3. FIFO costs
  4. LIFO costs

A

MCQ: Costs that are incurred in last department, where product has been processed and will be carried to next department for further processing are called

  1. partial work costs
  2. transferred-in costs
  3. transferred-out costs
  4. weighted average costs

B

MCQ: Costing system, which is a combination of process costing and job costing system, is classified as

  1. weighted costing system
  2. average costing system
  3. hybrid costing system
  4. double costing system

C