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Cost Accounting MCQ Questions

Cost Accounting MCQs - Chapter

Accounting Concepts Multiple Choice Questions and Answers PDF p. 1

Accounting Concepts multiple choice questions and answers, Accounting Concepts quiz answers PDF to solve Cost Accounting worksheets 1 for online colleges. Solve inventory types, inventoriable cost and period cost MCQs, Accounting Concepts trivia questions and answers for admission and merit scholarships test. Accounting Concepts MCQ PDF: inventory types, inventoriable cost and period cost, manufacturing costs, prime costs, conversion costs career test for bachelor's degree in business.

"The labor related to the manufacturing of the product can be classified under" Multiple Choice Questions (MCQ) on accounting concepts with choices indirect manufacturing labor costs, direct 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 for jobs' assessment test and online courses to learn online certificate courses.

MCQs on Accounting Concepts Quiz

MCQ: 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

MCQ: The direct material costs are added into direct manufacturing costs, to calculate

discuss costs
prime costs
resale cost
merchandise costs

MCQ: The direct manufacturing labor costs is added into manufacturing overhead cost to calculate

transaction costs
conversion costs
resale costs
merchandise costs

MCQ: In cost terms, the direct manufacturing labor cost is included in

manufacturing costs
prime costs
conversion costs
both B and C

MCQ: The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be

$27,000
$13,000
$130,000
$29,500