BBA Cost Accounting MCQs – Practice Test 2 (Chapter 20)

Fundamentals of Accounting MCQ with Answers PDF Download – Test 2

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The "Fundamentals of Accounting MCQ" App Download (iOS & Android): Normal activity range in which there is relationship between activity and costs is classified as; MCQ with answers: irrelevant range, relevant range, cause range, and effective range. Practice Cost Variance Analysis & Activity Based Costing Quiz Questions, download Apple Book (Free Chapter) to manage accounting courses.

Fundamentals of Accounting MCQ – Practice Test 2 PDF Download

MCQ 6: Companies that are part of an industry of 'service providers' are:

manufacturing sector companies
merchandising sector companies
service sector companies
raw material companies

MCQ 7: The normal activity range in which there is relationship between activity and costs is classified as:

relevant range
irrelevant range
cause range
effective range

MCQ 8: The companies in the industry that purchase the finished goods, and further sell the products into the market are classified as:

service sector companies
raw material companies
manufacturing sector companies
merchandising sector companies

MCQ 9: If the cost per unit is $50 and the total number of units manufactured in company are 5000, then the total manufacturing cost will be:

$220,000
$232,000
$250,000
$25,000

MCQ 10: An inventory which consists of stock waiting to be used In the process of manufacturing is known as:

finished goods inventory
indirect material inventory
direct materials inventory
work in process inventory

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