BBA Cost Accounting Certification MCQs – Practice Test 3 (Chapter 7)

Capacity Analysis and Inventory Costing Quiz with Answers PDF Download – Test 3

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Study Capacity Analysis and Inventory Costing Quiz App (iOS & Android) with MCQ: "An approach in which restating the amounts, in general ledgers by using actual cost rates, is classified as"; with answers: adjusted allocation rate approach, unadjusted cost approach, unadjusted allocation approach, and adjusted cost approach. Study Balance Scorecard & Measures Quiz Questions, download Google Book (Free Chapter) for finance mobile apps.

Capacity Analysis & Inventory Costing Quiz – Practice Test 3 PDF Download

MCQ 11: An approach in which restating the amounts, in general ledgers by using actual cost rates, is classified as:

unadjusted cost approach
adjusted allocation rate approach
unadjusted allocation approach
adjusted cost approach

MCQ 12: If the direct material cost of goods sold is $7500, and through contribution is $15650, then revenues will be:

$8,150
$23,150
$33,150
$13,150

MCQ 13: The capacity utilization of the business, to satisfy average customer's demand, for current budget period of time is termed as:

master budget capacity utilization
finite cost utilization
infinite cost utilization
infinite budget capacity utilization

MCQ 14: If the total sales are $250000, the beginning inventory is $25000 and the ending inventory is $25000, then total production would be:

$250,000
$350,000
$300,000
$400,000

MCQ 15: An approach in which, the over allocated and under allocated is spread in, ending balance of finished goods control, is called:

allocation approach
unadjusted approach
proration approach
adjusted approach

BBA Cost Accounting Quiz App & e-Book – Capacity Analysis & Inventory Costing Certification Guide

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