BBA Cost Accounting MCQs – Practice Test 1 (Chapter 7)

Capacity Analysis and Inventory Costing MCQs with Answers PDF Download – Test 1

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Study Capacity Analysis and Inventory Costing Multiple Choice Questions (MCQs) with Answers PDF to understand accounting topics. Download the Capacity Analysis and Inventory Costing MCQs PDF e-Book, Ch. 7-1 to study BBA Cost Accounting Course. Practice Absorption Costing MCQs, Capacity Analysis and Inventory Costing Notes questions and answers PDF for virtual academic tools. Download the Capacity Analysis and Inventory Costing MCQs App: Free BBA Cost Accounting Study App to study inventory costing methods, inventory costing: manufacturing companies career test for accounting distance programs.

Free Capacity Analysis and Inventory Costing Study App Download: An approach used for choosing capacity level, having no beginning inventory, is classified as; MCQ with answers: write in variance approach, write off variance approach, adjusted variance approach, and unadjusted variance approach. Solve Balance Scorecard & Measures Quiz Questions, download Google e-Book (Free Chapter) to understand accounting topics.

Capacity Analysis & Inventory Costing MCQs – Practice Test 1 PDF Download

MCQ 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

MCQ 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

MCQ 3: If the budgeted fixed cost is $26000, per unit budgeted denominator level is 1300 units, then budgeted fixed cost will be:

MCQ 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

MCQ 5: If the inventory level decreases then operating income, under variable costing, will be reported:

more
less
zero
none of above

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