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Cost Accounting MCQ Questions

Cost Accounting MCQs - Chapter

Capacity Analysis and Inventory Costing Multiple Choice Questions and Answers PDF p. 1

Practice Capacity Analysis and Inventory Costing multiple choice questions and answers, BBA quiz answers PDF to solve Cost Accounting worksheets 1 for online colleges. Solve absorption costing MCQs, Capacity Analysis and Inventory Costing trivia questions and answers for admission and merit scholarships test. "Capacity Analysis and Inventory Costing MCQ" PDF book: absorption costing, inventory costing methods, inventory costing: manufacturing companies career test for online colleges for business administration.

"Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of" Multiple Choice Questions (MCQ) on capacity analysis and inventory costing with choices budgeting level, unplanned level, numerator level, and denominator level for online classes business administration. Practice absorption costing quiz questions for jobs' assessment test and online courses for online BBA degree.

MCQs on Capacity Analysis & Inventory Costing Quiz

1.

Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of

unplanned level
budgeting level
numerator level
denominator level

2.

An approach used for choosing capacity level, having no beginning inventory, is classified as

write off variance approach
write in variance approach
adjusted variance approach
unadjusted variance approach

3.

If the budgeted fixed cost is $26000, per unit budgeted denominator level is 1300 units, then budgeted fixed cost will be

$50
$30
$20
$40

4.

If the production is less than sales so, an operating income under absorption costing will be called

higher income
zero dividends
negative income value
lower income

5.

If the inventory level decreases then operating income, under variable costing, will be reported

more
less
zero
none of above