MBA Cost Accounting Online Tests
Absorption Costing MCQ (Multiple Choice Questions) PDF Download
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The MCQ: Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of; "Absorption Costing" App Download [Free] with answers: unplanned level, budgeting level, numerator level, and denominator level to study online BBA courses. Practice Absorption Costing Quiz Questions, download Apple eBook (Free Sample) for online bachelor's degree in business management.
Absorption Costing Questions and Answers PDF Download
Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of
- unplanned level
- budgeting level
- numerator level
- denominator level
An income statement in absorption costing follows the format of
- inventory margin
- sales margin
- Gross margin
- production margin
The fixed manufacturing cost under absorption costing is
- high dividend
- low dividend
- inventoriable
- non-inventoriable
In absorption costing, an effect on cost volume profit relationship is driven by
- unit level of production
- unit level of sales
- chosen denominator level
- all of above
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MBA Cost Accounting Practice Tests
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- Examples of applications of range in real world includes
- If first quartile and third quartile are as 32 and 35 respectively with median of 20 then distribution is skewed to
- Median, mode, deciles and percentiles are all considered as measures of
- Variability which is defined as difference between third and first quartile is considered as
- Statistical measures such as average deviation, standard deviation and mean are classified as part of
Absorption Costing MCQs Book Questions
- Relationship based on unrelated level of activity and past data of cost is measured with help of
- An approach in which company under-costs it's one product and over-costs at least one product is classified as
- Current assets are subtracted from current liabilities to calculate
- Cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate
- Purpose of management accounting is to