BBA: Finance Courses

Chapter 28: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 28

Process Costing MCQ (Multiple Choice Questions) PDF - 2

The e-Book Process Costing Multiple Choice Questions (MCQ Quiz) with Answers PDF Download (Process Costing MCQ PDF Book), test 2 to learn online MBA Cost Accounting Course. Solve Process Costing System Multiple Choice Questions (MCQs), Process Costing quiz with answers PDF to prepare for job interview. The Process Costing MCQ App Download: Free educational app for transferred in costs: process costing, operation costing career test for online schools for business degrees.

The MCQ: First step in process costing system is to; "Process Costing" App Download Android & iOS (Free) with answers compute output in units, summarize flow of output, summarize total costs and compute cost for each equivalent unit to study online classes courses. Practice process costing system quiz questions, download Apple Book (Free Sample) for colleges that offer business administration.

Process Costing Questions & Answers PDF Download: MCQ Quiz 2

MCQ 6: The first step in process costing system is to

A) summarize flow of output
B) compute output in units
C) summarize total costs
D) compute cost for each equivalent unit

MCQ 7: The costs that are incurred in last department, where the product has been processed and will be carried to next department for further processing are called

A) partial work costs
B) transferred-in costs
C) transferred-out costs
D) weighted average costs

MCQ 8: In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as

A) partial inventory costing method
B) current period inventory method
C) Last-in, first-out method
D) First-in, first-out method

MCQ 9: The fifth step in process costing system is to

A) allocate separable costs
B) allocate joint costs
C) compute gross margin
D) assign total cost to completed units

MCQ 10: The forth step in process costing system is to

A) summarize total costs
B) compute cost for each equivalent unit
C) summarize flow of output
D) compute output in units

Process Costing Learning App & Free Study Apps

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Process Costing App (Android & iOS)

Process Costing App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)