Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Inventory Types, Inventoriable Cost and Period Cost MCQ with Answers

Inventory Types, Inventoriable Cost and Period Cost Multiple Choice Questions (MCQ) to practice inventory types, inventoriable cost and period cost quiz answers PDF, cost accounting worksheets for online degrees. Solve accounting concepts Multiple Choice Questions and Answers (MCQs), "Inventory Types, Inventoriable Cost and Period Cost" quiz questions and answers for online school of business administration. Learn prime costs, manufacturing costs, inventory types, inventoriable cost and period cost test prep for bachelor's degree in business.

"The labor related to the manufacturing of the product can be classified under" Multiple Choice Questions (MCQ) on inventory types, inventoriable cost and period cost with choices direct manufacturing labor costs, indirect manufacturing labor costs, work in process cost, and finished costs for online school of business administration. Solve inventory types, inventoriable cost and period cost quiz questions for merit scholarship test and certificate programs to learn online certificate courses.

MCQs on Inventory Types, Inventoriable Cost and Period Cost

1.

The labor related to the manufacturing of the product can be classified under

direct manufacturing labor costs
indirect manufacturing labor costs
work in process cost
finished costs

2.

In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

inventoriable costs
finished costs
factory overhead costs
manufacturing overhead costs

3.

The balance sheet, in which all the costs of the product that must be considered as its assets, is said to be

factory overhead costs
manufacturing overhead costs
Inventoriable costs
finished costs

4.

An acquisition cost of raw material is to be used in the manufacturing, and becoming a component of cost object is classified as

direct material costs
indirect material costs
direct labor costs
indirect labor costs

5.

The wages and other benefits, provided to assembly line workers and operators of machine are classified under the

work in process costs
finished costs
direct manufacturing labor costs
indirect manufacturing labor costs