Weighted Average Method MCQs Quiz Online PDF Book Download

Weighted average method MCQs, weighted average method quiz answers for online learning accounting courses. Learn process costing multiple choice questions (MCQs), weighted average method quiz questions and answers. Career test on wam and spoilage, process costing system, operation costing, weighted average method test prep for finance certifications.

Learn process costing practice test MCQs: 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 to learn finance and accounting degree with options 1800 units, 1500 units, 1300 units, 1500 units for masters in finance career path. Free skills assessment test for online learning weighted average method quiz questions for competitive assessment in business majors for finance certifications. Weighted Average Method Video

MCQ on Weighted Average MethodQuiz Book 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