MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Quiz Questions & Answers PDF Download - 3

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The Accounting Concepts Quiz Questions and Answers PDF (Accounting Concepts Quiz PDF e-Book) download Ch. 1-3 to learn MBA Cost Accounting Course. Practice Prime Costs MCQs, Accounting Concepts MCQ questions and answers PDF for online bachelor degree programs in business administration. The Accounting Concepts Quiz App Download: Free learning app for types of inventory, inventory types, inventoriable cost and period cost, period costs career test to learn free online courses.

The Quiz: The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be; "Accounting Concepts" App (iOS, Android) with answers: $60,000; $40,000; $52,000; $20,000; to learn online BBA courses. Study Information & Decision Process Quiz Questions, download Amazon eBook (Free Sample) for online bachelor degree programs in business administration.

Accounting Concepts Exam Questions and Answers PDF Download: Test 3

MCQ 11:

The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be

$40,000
$60,000
$52,000
$20,000

MCQ 12:

An inventory, which consists of partially worked goods is called

direct materials inventory
work in process inventory
finished goods inventory
indirect material inventory

MCQ 13:

The balance sheet, in which all the costs of the product that must be considered as its assets, is said to be

factory overhead costs
manufacturing overhead costs
Inventoriable costs
finished costs

MCQ 14:

The direct material cost is $75000 and direct manufacturing labor is $20000, then prime cost would be

$55,000
$37,500
$95,000
$26,000

MCQ 15:

The period cost, which consists the income statement of manufacturing companies belong to

inventory costs
product costs
non-manufacturing costs
manufacturing costs

MBA Cost Accounting Mock Tests

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