BBA: Finance Courses

Chapter 1: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Multiple Choice Questions PDF Download - 1

The e-Book Accounting Concepts Multiple Choice Questions and Answers (MCQs), Accounting Concepts MCQ Quiz PDF, test 1 to study online MBA Cost Accounting Course. Practice Inventory Types, Inventoriable Cost and Period Cost MCQs, Accounting Concepts trivia questions and answers PDF to prepare for job interview. The Accounting Concepts MCQs App Download: Free learning app for manufacturing costs, prime costs, conversion costs career test for bachelor's degree in business.

The Multiple Choice Question (MCQ Quiz): Labor related to the manufacturing of the product can be classified under, "Accounting Concepts" App Download (Free) with answers indirect manufacturing labor costs, direct manufacturing labor costs, work in process cost and finished costs to learn online certification courses. Solve inventory types, inventoriable cost and period cost quiz questions, download Google eBook (Free Sample) to learn online certificate courses.

Accounting Concepts Questions & Answers PDF Download: MCQ Quiz 1

MCQ 1: The labor related to the manufacturing of the product can be classified under

A) direct manufacturing labor costs
B) indirect manufacturing labor costs
C) work in process cost
D) finished costs

MCQ 2: The direct material costs are added into direct manufacturing costs, to calculate

A) discuss costs
B) prime costs
C) resale cost
D) merchandise costs

MCQ 3: The direct manufacturing labor costs is added into manufacturing overhead cost to calculate

A) transaction costs
B) conversion costs
C) resale costs
D) merchandise costs

MCQ 4: In cost terms, the direct manufacturing labor cost is included in

A) manufacturing costs
B) prime costs
C) conversion costs
D) both B and C

MCQ 5: The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be

A) $27,000
B) $13,000
C) $130,000
D) $29,500

Accounting Concepts Learning App & Free Study Apps

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Cost Accounting App (Android & iOS)

ALL-in-ONE Learning App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)