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Spoilage, Rework and Scrap MCQ Questions and Answers PDF Download eBook - 1

Practice Spoilage, Rework and Scrap Multiple Choice Questions and Answers PDF, spoilage, rework and scrap MCQs with answers PDF worksheets, cost accounting test 1 for online college programs. Learn spoilage, rework and scrap terminology MCQs, "Spoilage, Rework and Scrap" quiz questions and answers for admission and merit scholarships test. Learn spoilage, rework and scrap terminology, job costing and spoilage, types of spoilage career test for business administration degree courses.

"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" Multiple Choice Questions (MCQ) on spoilage, rework and scrap with choices rework, spoilage, scrap, and equivalence for business admin degree online. Practice spoilage, rework and scrap terminology quiz questions for jobs' assessment test and online courses for online schools for business management. Spoilage, Rework and Scrap Terminology Video

MCQs on Spoilage, Rework & Scrap Quiz PDF Download eBook

MCQ: 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

  1. spoilage
  2. rework
  3. scrap
  4. equivalence

A

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

  1. conversion costs
  2. sunk costs
  3. inventoriable costs
  4. non inventoriable costs

C

MCQ: The types of spoilage include

  1. normal spoilage
  2. abnormal spoilage
  3. weighted spoilage
  4. both a and b

D

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

  1. short lengths from wood work
  2. defective aluminum cans recycled by manufacturer
  3. detection of defective pieces before shipment
  4. all of above

B

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

  1. normal spoilage rates
  2. abnormal spoilage rates
  3. normal scrap rates
  4. abnormal scrap rates

A

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