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MBA Cost Accounting Practice Tests

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The Joint Cost Basics Multiple Choice Questions (MCQ Quiz) with Answers PDF (Joint Cost Basics MCQ PDF e-Book) download to practice MBA Cost Accounting Tests. Study Cost Allocation: Joint Products and Byproducts Multiple Choice Questions and Answers (MCQs), Joint Cost Basics quiz answers PDF to study accounting certificate courses. The Joint Cost Basics MCQ App: Download free learning app for joint cost basics, sales value: split off method, irrelevant joint costs: decision making, constant gross margin percentage nrv method test prep for online schools for business administration.

The MCQ: Manufacturing, distribution and marketing costs incur after split off point is classified under; "Joint Cost Basics" App Download (Free) with answers "separable costs", "joint costs", "main costs" and "split off costs" to study accounting certificate courses. Practice Joint Cost Basics Quiz Questions, download Amazon eBook (Free Sample) for online bachelor degree programs in business administration.

## Joint Cost Basics MCQs: Questions and Answers

MCQ 1:

In a joint process of production, the product which yields low volume of sales as compared to total sales of other products, specify as

1. Second incremental product
2. First incremental product
3. step down product
4. byproduct
MCQ 2:

The manufacturing, distribution and marketing costs incur after split off point is classified under

1. separable costs
2. joint costs
3. main costs
4. split off costs
MCQ 3:

In a joint process of production, a product which yields high volume of sales as compared to total sales volume of other products is known as

1. incremental product
2. sunk product
3. main product
4. split off product
MCQ 4:

In a joint process of production, the two or more products that yield high volume of sales as compared to total sales of other products are classified as

1. split off product
2. joint product
3. sunk product
4. main product
MCQ 5:

Any output that has total positive sales is a

1. joint product
2. main product
3. product
4. all of above