MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Multiple Choice Questions (MCQ) PDF Download - 2

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The Accounting Concepts Multiple Choice Questions (MCQ Quiz) with Answers PDF (Accounting Concepts MCQ PDF e-Book) download Ch. 1-2 to learn MBA Cost Accounting Course. Solve Cost Analysis Multiple Choice Questions (MCQs), Accounting Concepts quiz with answers PDF to learn online MBA accounting courses. The Accounting Concepts MCQ App Download: Free educational app for manufacturing costs, inventory types, inventoriable cost and period cost career test for online colleges for business management.

The MCQs: If the direct service labor is $7000, the idle time wages are $2000 and the overtime premium is $950, then the total figure would be; "Accounting Concepts" App (Android, iOS) with answers: $5,950; $5,850; $9,950; $10,050; to learn online MBA accounting courses. Practice Nonlinearity & Cost Functions Quiz Questions, download Apple e-Book (Free Sample) for online classes for business management degree.

Accounting Concepts MCQs with Answers PDF Download: Quiz 2

MCQ 6:

If the direct service labor is $7000, the idle time wages are $2000 and the overtime premium is $950, then the total figure would be

$5,850
$5,950
$9,950
$10,050

MCQ 7:

The terms used in manufacturing cost systems are

manufacturing costs
prime costs
conversion costs
both B and C

MCQ 8:

The direct service labor is $5000, the idle time wages are $1000 and the overtime premium is $450, then the total figure would be

$4,450
$6,450
$21,500
$14,300

MCQ 9:

In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

inventoriable costs
finished costs
factory overhead costs
manufacturing overhead costs

MCQ 10:

The calculation of product cost, gathering information for planning and analyzing information for decisions making are the features of

information accounting
cost accounting
analyzing accounts
marketing costs

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