MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Multiple Choice Questions (MCQs) PDF Download - 5

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The Accounting Concepts Multiple Choice Questions (MCQs) with Answers PDF (Accounting Concepts MCQs PDF e-Book) download Ch. 1-5 to study MBA Cost Accounting Course. Practice Period Costs MCQs, Accounting Concepts trivia questions and answers PDF for best online colleges for business administration. The Accounting Concepts MCQs App Download: Free learning app for cost analysis, prime costs, conversion costs career test for online business accounting degree.

The MCQ: The costs which are considered as expenses in the accounting period are also known as; "Accounting Concepts" App Download (Free) with answers: Period costs; Inventory costs; Timed costs; Labor overheads; for best online colleges for business administration. Solve Period Costs Quiz Questions, download Google eBook (Free Sample) for online bachelor's degree in business management.

Accounting Concepts MCQ with Answers PDF Download: Quiz 5

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

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