BBA Cost Accounting Competitive Exam MCQs – Practice Test 5 (Chapter 1)

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Study Accounting Concepts Multiple Choice Questions (MCQs) with Answers PDF to manage virtual classes. Download the Accounting Concepts MCQs PDF e-Book, Ch. 1-5 to study BBA Cost Accounting Course. Practice Period Costs MCQs, Accounting Concepts Notes questions and answers PDF for remote education systems. Download the BBA Cost Accounting Learning App: Free Accounting Concepts MCQs App to study cost analysis, prime costs, conversion costs career test for accounting continuing education.

Free BBA Cost Accounting Learning App Download with MCQ: "Costs which are considered as expenses in the accounting period are also known as"; with answers: period costs, inventory costs, timed costs, and labor overheads. Solve Period Costs Quiz Questions, download Google e-Book (Free Chapter) to manage virtual classes.

Accounting Concepts MCQs – Practice Test 5 PDF Download

MCQ 21: The costs which are considered as expenses in the accounting period are also known as:

inventory costs
period costs
timed costs
labor overheads

MCQ 22: The health care premium for workers and the pension costs are included in:

payroll fringe costs
health costs
premium costs
workers costs

MCQ 23: All the costs, which are assigned to manufactured products for specific calculations are classified as:

contracting costs
product cost
government costs
marketing costs

MCQ 24: If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be:

$19,500
$30,500
$45,500
$22,500

MCQ 25: The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be:

$47,000
$33,000
$57,000
$18,000

Accounting Concepts MCQs App & e-Book – BBA Cost Accounting Competitive Exam

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