MBA Cost Accounting MCQs - Chapter 15

Department Costs, Common Costs and Revenues MCQ (Multiple Choice Questions) PDF - 2

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The MCQ: Cost object user, who is ranked first in incremental cost allocation method is known as; "Department Costs, Common Costs and Revenues" App Download Android & iOS (Free) with answers primary user, first incremental user, secondary user and second incremental user to learn online MBA accounting courses. Practice common costs quiz questions, download Apple Book (Free Sample) for online business degree.

Department Costs, Common Costs & Revenues Questions & Answers PDF Download: MCQ Quiz 2

MCQ 6: The cost object user, who is ranked first in incremental cost allocation method is known as

A) First incremental user

B) primary user

C) secondary user

D) second incremental user

MCQ 7: The costs, which consist of interdepartmental cost allocations plus cost of support department are classified as

A) complete reciprocal costs

B) artificial costs

C) operating costs

D) flexible operating costs

MCQ 8: The third ranked product in incremental revenue-allocation method is known as

A) primary product

B) First incremental product

C) Second incremental product

D) Third incremental product

MCQ 9: In stand-alone revenue-allocation method, the type of weights available for this method are

A) selling prices as weights

B) unit costs as weights

C) physical units as weights

D) all of above

MCQ 10: The method, which uses specific information on products as weights to allocate bundled revenues for each product in bundle is classified as

A) step down allocation method

B) stand-alone revenue allocation method

C) incremental revenue allocation method

D) revenue mix allocation method

MBA Cost Accounting Mock Tests

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Cost Function and Behavior MCQs

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