BBA Finance Degree Courses

Chapter 28: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 28

Books:

Apps:

The Process Costing Multiple Choice Questions (MCQs) with Answers PDF, Process Costing MCQs PDF Download e-Book 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 Quiz): 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 Questions and Answers : MCQ Quiz 1

MCQ 1:

The cost of previous department is a part of

1. transferred-in costs
2. transferred-out costs
3. FIFO costs
4. LIFO costs
MCQ 2:

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

1. cost of indirect labor
2. cost of direct labor
3. cost of direct material
4. 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

1. 1800 units
2. 1500 units
3. 1300 units
4. 1500 units
MCQ 4:

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

1. accounting period costing system
2. process costing system
3. job costing system
4. 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

1. 1800 units
2. 2300 units
3. 10300 units
4. 1500 units