MBA Cost Accounting MCQs - Chapter 21

Inventory Management, Just in Time and Costing Methods Quiz Questions & Answers PDF Download - 3

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The Inventory Management, Just in Time and Costing Methods Quiz Questions and Answers PDF (Inventory Management, Just in Time and Costing Methods Quiz PDF e-Book) download Ch. 21-3 to learn MBA Cost Accounting Course. Practice Retail Organizations: Inventory Management MCQs, Inventory Management, Just in Time and Costing Methods MCQ questions and answers PDF for online bachelor's degree in administration. The Inventory Management, Just in Time and Costing Methods Quiz App Download: Free learning app for inventory related relevant costs career test for online business administration degree.

The Quiz: If the demand in units are 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be; "Inventory Management, Just in Time and Costing Methods" App (iOS, Android) with answers: $190; $200; $160; $180; to learn online training courses. Study Information & Decision Process Quiz Questions, download Amazon eBook (Free Sample) for online bachelor's degree in administration.

Inventory Management, Just in Time & Costing Methods Exam Questions and Answers PDF Download: Test 3

MCQ 11:

If the demand in units are 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be

$200
$190
$160
$180

MCQ 12:

If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be

$9,650
$2,350
$3,750
$2,750

MCQ 13:

The profit forgone by capital investment in inventory rather than investment of capital to somewhere else is classified as

relevant purchase order costs
relevant inventory carrying costs
irrelevant inventory carrying costs
relevant opportunity cost of capital

MCQ 14:

An example of shrinkage costs is

incoming freight
storage costs
insurance
clerical errors

MCQ 15:

If the relevant incremental costs are $5000 and the relevant opportunity cost of invested capital is $2500, then the relevant inventory carrying costs would be

$7,500
$7,000
$6,500
$6,000

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