Cost Analysis Multiple Choice Questions with Answers – PDF Download

MCQ 1: If the direct service labor is $7000, the idle time wages are $2000 and the overtime premium is $950, then the total figure would be:

1. $5,850
2. $5,950
3. $9,950
4. $10,050

MCQ 2: The direct service labor is $5000, the idle time wages are $1000 and the overtime premium is $450, then the total figure would be:

1. $4,450
2. $6,450
3. $21,500
4. $14,300

MCQ 3: The calculation of product cost, gathering information for planning and analyzing information for decisions making are the features of:

1. information accounting
2. cost accounting
3. analyzing accounts
4. marketing costs

MCQ 4: The vertically upward dimension of cost analysis is also called:

1. project dimension
2. accounting-period dimension
3. back-flush accounting dimension
4. lean accounting dimension

MCQ 5: The dimensional analysis of cost includes:

1. horizontally across dimension
2. horizontally upward dimension
3. vertically upward dimension
4. both a and c