BBA Finance Degree Courses

Chapter 1: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Multiple Choice Questions (MCQs) PDF Download - 1

The Accounting Concepts Multiple Choice Questions (MCQs) with Answers PDF, Accounting Concepts MCQs PDF Download e-Book 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 Quiz): Labor related to manufacturing of 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 Questions and Answers PDF Download: MCQ Quiz 1

MCQ 1:

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
MCQ 2:

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

  1. discuss costs
  2. prime costs
  3. resale cost
  4. merchandise costs
MCQ 3:

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

  1. transaction costs
  2. conversion costs
  3. resale costs
  4. merchandise costs
MCQ 4:

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

  1. manufacturing costs
  2. prime costs
  3. conversion costs
  4. 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

  1. $27,000
  2. $13,000
  3. $130,000
  4. $29,500

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Accounting Concepts App (Android & iOS)

Accounting Concepts App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (iOS & Android)

Marketing Principles App (Android & iOS)

Marketing Principles App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (iOS & Android)