MBA Cost Accounting MCQs - Chapter 1

Accounting Concepts Quiz Questions & Answers PDF Download - 7

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The Accounting Concepts Quiz Questions and Answers PDF (Accounting Concepts Quiz PDF e-Book) download Ch. 1-7 to learn MBA Cost Accounting Course. Practice Conversion Costs MCQs, Accounting Concepts MCQ questions and answers PDF for online BBA business administration. The Accounting Concepts Quiz App Download: Free learning app for inventory types, inventoriable cost and period cost, cost analysis, period costs career test for online college courses for business management.

The Quiz: If the conversion cost is $25000 and direct manufacturing labor cost is $17000, then the manufacturing overhead cost would be; "Accounting Concepts" App (iOS, Android) with answers: $68,000; $14,700; $8,000; $42,000; for online graduate programs. Study Planning of Variable & Fixed Overhead Costs Quiz Questions, download Amazon eBook (Free Sample) for online BBA business administration.

Accounting Concepts Exam Questions and Answers PDF Download: Test 7

MCQ 31:

If the conversion cost is $25000 and direct manufacturing labor cost is $17000, then the manufacturing overhead cost would be

$14,700
$68,000
$8,000
$42,000

MCQ 32:

For the companies in service sector, the cost which is not considerable is

Inventoriable costs
finished costs
factory overhead costs
manufacturing overhead costs

MCQ 33:

An overtime is considered in cost accounting as

indirect costs
overhead costs
premium costs
both a and b

MCQ 34:

In the income statement of merchandising costs, the period cost includes all costs which are not related to

cost of resale goods
cost of manufacturing goods
timed resale of goods
cost of purchased goods

MCQ 35:

The wages paid to workers of the factory are termed as

workers premium
overtime premium
factory premium
wage premium

MBA Cost Accounting Mock Tests

Department Costs, Common Costs and Revenues MCQs

Process Costing MCQs

Cost Management and Pricing Decisions MCQs

Flexible Budget and Management Control MCQs

Capital Budgeting and Cost Benefit Analysis MCQs

Financial Ratios Analysis MCQs

Accounting Concepts MCQs

Flexible Budget: Overhead Cost Variance MCQs

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