BBA Cost Accounting Exam MCQs – Practice Test 4 (Chapter 1)

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Accounting Concepts MCQs – Practice Test 4 PDF Download

MCQ 16: An acquisition cost of raw material is to be used in the manufacturing, and becoming a component of cost object is classified as:

direct material costs
indirect material costs
direct labor costs
indirect labor costs

MCQ 17: The wages and other benefits, provided to assembly line workers and operators of machine are classified under the:

work in process costs
finished costs
direct manufacturing labor costs
indirect manufacturing labor costs

MCQ 18: The conversion cost is subtracted from manufacturing overhead cost is to calculate the:

manufacturing labor costs
direct labor costs
direct manufacturing labor costs
indirect manufacturing labor costs

MCQ 19: The labor which works as forklift truck, plant guards and the rework labor is classified as:

prime overhead
conversion overhead
factory overhead
manufacturing overhead

MCQ 20: The inventory of the final goods that are not yet sold is called:

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

Accounting Concepts Exam Prep – BBA Cost Accounting Notes App & e-Book

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