MBA Cost Accounting MCQs - Chapter 1
Accounting Concepts Multiple Choice Questions (MCQs) PDF Download - 1
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The Accounting Concepts Multiple Choice Questions (MCQs) with Answers PDF (Accounting Concepts MCQs PDF e-Book) download Ch. 1-1 to study MBA Cost Accounting Course. Practice Inventory Types, Inventoriable Cost and Period Cost MCQs, Accounting Concepts trivia questions and answers PDF for bachelor's degree in business. The Accounting Concepts MCQs App Download: Free learning app for manufacturing costs, prime costs, conversion costs career test to learn online certification courses.
The Multiple Choice Question (MCQ): The 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; Finished costs; for bachelor's degree in business. Solve Contribution Margin versus Gross Margin Quiz Questions, download Google eBook (Free Sample) to learn online certificate courses.
Accounting Concepts MCQ with Answers PDF Download: Quiz 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
The direct material costs are added into direct manufacturing costs, to calculate
- discuss costs
- prime costs
- resale cost
- merchandise costs
The direct manufacturing labor costs is added into manufacturing overhead cost to calculate
- transaction costs
- conversion costs
- resale costs
- merchandise costs
In cost terms, the direct manufacturing labor cost is included in
- manufacturing costs
- prime costs
- conversion costs
- both B and C
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
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Cost Accounting MCQs eBook Download
Financial Markets Mock Tests
MBA Cost Accounting Practice Questions
Financial Markets MCQ with Answers
- Right of stockholders of firm that new shares must be offered to existing stockholders first, rather than new stock holders is classified as
- If time value of an option is $200 and intrinsic value of an option is $250 then price of option is
- Junk bonds which are rated lower than triple B are also classified as
- Accounting entry of institutions who lend federal funds to other institutions is posted as
- Type of option that can be exercised only at date of expiration is classified as
Accounting Concepts MCQ Book Questions
- Right of stockholders of firm that new shares must be offered to existing stockholders first, rather than new stock holders is classified as
- If time value of an option is $200 and intrinsic value of an option is $250 then price of option is
- Junk bonds which are rated lower than triple B are also classified as
- Accounting entry of institutions who lend federal funds to other institutions is posted as
- Type of option that can be exercised only at date of expiration is classified as