Weighted Average Method MCQs Quiz Online PDF Download

Learn weighted average method MCQs, cost accounting test for online courses learning and test prep to practice. Process costing quiz has multiple choice questions (MCQ), weighted average method quiz questions and answers to learn for business school entrance exam preparation.

Cost accounting practice test MCQ on if beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are with options 1800 units, 1500 units, 1300 units and 1500 units problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning weighted average method quiz with MCQs to practice test questions with answers. Weighted Average Method Video

MCQs on Weighted Average Method Quiz PDF Download

MCQ. If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are

  1. 1800 units
  2. 1500 units
  3. 1300 units
  4. 1500 units

C

MCQ. If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

  1. 1800 units
  2. 2300 units
  3. 10300 units
  4. 1500 units

B

MCQ. Costing method, which calculates per equivalent unit cost of all production related work done, till calculated date is termed as

  1. weighted average method
  2. net present value method
  3. Gross production method
  4. net present value method

A

MCQ. Total cost related to work in process inventory is divided by total units of work done is used to calculate

  1. Gross weighted margin
  2. weighted average revenue
  3. weighted average cost
  4. weighted average conversion cost

C