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

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The "Accounting Concepts Notes" App Download: Wages and other benefits, provided to assembly line workers and operators of machine are classified under the; MCQ with answers: finished costs, work in process costs, direct manufacturing labor costs, and indirect manufacturing labor costs. Practice Flexible Budget: Cost Accounting Quiz Questions, download Kobo e-Book (Free Chapter) for accounting flexible programs.

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

Accounting Concepts MCQs

Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs

Capacity Analysis and Inventory Costing MCQs

Flexible Budget and Management Control MCQs

Budgeting and Accounting MCQs

Department Costs, Common Costs and Revenues MCQs

Inventory Management, Just in Time and Costing Methods MCQs

Cost Allocation: Joint Products and Byproducts MCQs

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