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Cost Accounting MCQ Questions

Cost Accounting Interview Questions - Chapter

Process Costing Multiple Choice Questions and Answers PDF p. 1

Process Costing multiple choice questions and answers, Process Costing quiz answers PDF to solve Cost Accounting worksheets 1 for online colleges. Solve transferred in costs: process costing MCQs, Process Costing trivia questions and answers for placement and to prepare for job interview. Process Costing MCQ PDF: transferred in costs: process costing, process costing system, weighted average method career test for online college courses.

"The cost of previous department is a part of" Multiple Choice Questions (MCQ) on process costing with choices transferred-out costs, transferred-in costs, fifo costs, and lifo costs for online bachelor's degree in business administration. Practice transferred in costs: process costing quiz questions for jobs' assessment test and online courses for accredited online business administration degree.

MCQs on Process Costing Quiz

MCQ: The cost of previous department is a part of

transferred-in costs
transferred-out costs
FIFO costs
LIFO costs

MCQ: The total costs incur in a production process, is divided by total number of output units, to calculate the

cost of indirect labor
cost of direct labor
cost of direct material
unit costs

MCQ: If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are

1800 units
1500 units
1300 units
1500 units

MCQ: A unit cost calculated in costing system, by assigning total costs incurred to many similar units is categorized as

accounting period costing system
process costing system
job costing system
none of above

MCQ: If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

1800 units
2300 units
10300 units
1500 units