MBA Cost Accounting MCQs - Chapter 28

Process Costing Multiple Choice Questions (MCQs) PDF Download - 1

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The Process Costing Multiple Choice Questions (MCQs) with Answers PDF (Process Costing MCQs PDF e-Book) download Ch. 28-1 to study MBA Cost Accounting Course. Practice Transferred In Costs: Process Costing MCQs, Process Costing trivia questions and answers PDF for online college courses. The Process Costing MCQs App Download: Free learning app for process costing system, weighted average method career test to learn online classes courses.

The Multiple Choice Question (MCQ): The cost of previous department is a part of; "Process Costing" App Download (Free) with answers: Transferred-out costs; Transferred-in costs; FIFO costs; LIFO costs; for online college courses. Solve Flexible Budget: Cost Accounting Quiz Questions, download Google eBook (Free Sample) for accredited online business administration degree.

Process Costing MCQ with Answers PDF Download: Quiz 1

MCQ 1:

The cost of previous department is a part of

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

MCQ 2:

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 3:

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 4:

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 5:

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

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