BBA: Finance Courses

Chapter 22: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 22

Job Costing Quiz Questions and Answers PDF - 3

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Job Costing Questions & Answers PDF Download: MCQ Quiz 3

MCQ 11: The process of assigning the direct or indirect cost to any cost object is known as

A) cost assignment
B) cost expectation
C) event assignment
D) probability assignment

MCQ 12: An average unit cost, applicable to each similar produced unit is classified as

A) per unit cost
B) per post cost
C) per price cost
D) application cost

MCQ 13: If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be

A) $4,730,000
B) $3,730,000
C) $2,730,000
D) $1,730,000

MCQ 14: If an overhead cost of operating a machine is $500000 for 1000 hours, then the cost allocation rate will be

A) $1500 per machine hour
B) $250 per machine hour
C) $500 per machine hour
D) $1000 per machine hour

MCQ 15: The single or multiple units of distinct services or products are classified as

A) cost
B) job
C) post
D) price

Job Costing Learning App & Free Study Apps

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Job Costing App (Android & iOS)

Job Costing App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)