As an Amazon Associate I earn from qualifying purchases.

Inventory Types, Inventoriable Cost and Period Cost MCQs Quiz Online PDF Download eBook

Solve Inventory Types, Inventoriable Cost and Period Cost Multiple Choice Questions (MCQ), inventory types, inventoriable cost and period cost quiz answers PDF worksheet, cost accounting practice test for online courses. Learn 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 cost analysis, prime costs, conversion costs 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. Practice inventory types, inventoriable cost and period cost quiz questions fmerit scholarship test and certificate programs to learn online certificate courses. Inventory Types, Inventoriable Cost and Period Cost Video

MCQs on Inventory Types, Inventoriable Cost and Period Cost PDF Download eBook

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

  1. direct manufacturing labor costs
  2. indirect manufacturing labor costs
  3. work in process cost
  4. finished costs

A

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

  1. inventoriable costs
  2. finished costs
  3. factory overhead costs
  4. manufacturing overhead costs

A

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

  1. factory overhead costs
  2. manufacturing overhead costs
  3. Inventoriable costs
  4. finished costs

C

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

  1. direct material costs
  2. indirect material costs
  3. direct labor costs
  4. indirect labor costs

A

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

  1. work in process costs
  2. finished costs
  3. direct manufacturing labor costs
  4. indirect manufacturing labor costs

D