BBA: Finance Courses

Chapter 10: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 10

Cost Allocation: Joint Products and Byproducts Multiple Choice Questions PDF Download - 5

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The Multiple Choice Question (MCQ Quiz): Percentage of overall gross margin is multiplied to final sales value of products total production is used to calculate; "Cost Allocation Joint Products and Byproducts" App Download (Free) with answers gross margin in terms of separable costs, gross margin in terms of amount of money, gross margin in terms of total cost and gross margin in terms of labor cost for online business accounting degree. Solve constant gross margin percentage nrv method quiz questions, download Google eBook (Free Sample) for online bachelor degree programs in business administration.

Cost Allocation Joint Products & Byproducts Questions & Answers PDF Download: MCQ Quiz 5

MCQ 21: The percentage of overall gross margin is multiplied to final sales value of products total production is used to calculate

A) Gross margin in terms of amount of money
B) Gross margin in terms of separable costs
C) Gross margin in terms of total cost
D) Gross margin in terms of labor cost

MCQ 22: The final sales is subtracted from net realizable value is used to calculate

A) separable costs
B) inseparable costs
C) joint costs
D) floating costs

MCQ 23: If the percentage of overall gross margin is 15 and the final sales value of whole production is $20000, then the gross margin (in dollars) will be

A) $30,000
B) $300,000
C) $40,000
D) $400,000

MCQ 24: The approaches used to allocate joint costs include

A) sales value at split off method
B) net realizable value method
C) constant gross margin percentage NRV method
D) all of above

MCQ 25: The net realizable value is added into separate costs to calculate

A) split off costs
B) final cost of direct labor
C) final sales
D) final costs

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Cost Allocation Joint Products & Byproducts App (Android & iOS)

Cost Allocation Joint Products & Byproducts App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)

Marketing Management App (Android & iOS)

Marketing Management App (Android & iOS)