BBA: Finance Courses

Chapter 29: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 29

Spoilage, Rework and Scrap Multiple Choice Questions (MCQ) PDF - 1

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Spoilage, Rework & Scrap MCQ Quiz PDF Download: Test 1

MCQ 1: The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called

A) spoilage
B) rework
C) scrap
D) equivalence

MCQ 2: In process and job costing system, the normal spoilage cost is considered as

A) conversion costs
B) sunk costs
C) inventoriable costs
D) non inventoriable costs

MCQ 3: The types of spoilage include

A) normal spoilage
B) abnormal spoilage
C) weighted spoilage
D) both a and b

MCQ 4: Which one of the following is an example of spoilage?

A) short lengths from wood work
B) defective aluminum cans recycled by manufacturer
C) detection of defective pieces before shipment
D) all of above

MCQ 5: The units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate

A) normal spoilage rates
B) abnormal spoilage rates
C) normal scrap rates
D) abnormal scrap rates

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Cost Accounting App (Android & iOS)

ALL-in-ONE Learning App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Marketing Principles App (Android & iOS)

Marketing Principles App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)