BBA Cost Accounting Certification MCQs – Practice Test 3 (Chapter 28)

Process Costing Quiz with Answers PDF Download – Test 3

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Learn Process Costing Quiz Questions and Answers PDF (Process Costing Quiz PDF e-Book) download Ch. 28-3 to learn BBA Cost Accounting Course. Practice Weighted Average Method MCQs, Process Costing MCQ questions and answers PDF for virtual degree studies. The Process Costing Quiz App Download: Free BBA Cost Accounting Study App to learn process costing system, operation costing, wam and spoilage career test for virtual learning mastery.

Free "Process Costing Quiz" App (iOS & Android) with MCQ: Costing method, which calculates per equivalent unit cost of all the production related work done, till calculated date is termed as; with answers: net present value method, weighted average method, gross production method, and net present value method to explore cost systems. Study Cost Variance Analysis & Activity Based Costing Quiz Questions, download Google Book (Free Chapter) for virtual degree studies.

Process Costing Quiz – Practice Test 3 PDF Download

MCQ 11: The costing method, which calculates per equivalent unit cost of all the production related work done, till calculated date is termed as:

weighted average method
net present value method
Gross production method
net present value method

MCQ 12: The second step in processing costing system is to:

summarize total costs
compute cost for each equivalent unit
summarize flow of output
compute output in units

MCQ 13: The standardized technique that is performed repetitively on different kind of materials to convert them into different finished products is known as:

conversion process
operation
hybridization
both a and b

MCQ 14: If the total incurred cost in a production process are $30000 and the number of output units are 5000 units, then the units cost will be:

MCQ 15: If the cost incurred for work in process inventory is $350000 and total equivalent units completed till date are 3500, then weighted average cost will be:

$10
$100
$1,000
$1,200

BBA Cost Accounting Quiz App & e-Book – Process Costing Certification Guide

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