Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Net Realizable Value Method MCQ with Answers

Net Realizable Value Method Multiple Choice Questions (MCQ) to solve net realizable value method quiz answers PDF worksheet, cost accounting test for online courses. Practice cost allocation: joint products and byproducts Multiple Choice Questions and Answers (MCQs), "Net Realizable Value Method" quiz questions and answers for best online colleges for business administration. Learn joint cost basics, sales value: split off method, irrelevant joint costs: decision making, constant gross margin percentage nrv method test prep for online school of business administration.

"The difference between final sales value and separable costs is equal to" Multiple Choice Questions (MCQ) on net realizable value method with choices net income, net realizable value, gross margin, and gross realizable value for best online colleges for business administration. Solve net realizable value method quiz questions for merit scholarship test and certificate programs for online business administration and management degree.

MCQs on Net Realizable Value Method

1.

The difference between final sales value and separable costs is equal to

net income
net realizable value
Gross margin
Gross realizable value

2.

If the final sales are $50000 and the separable costs are $35000, then the net realizable value will be

$15,000
$85,000
$35,000
$50,000

3.

If value of final sales is $48000 and the net realizable value is $35000, then the value of sales costs would be

$35,000
$13,000
$83,000
$48,000

4.

Joint cost allocation method for joint products, which is based on achievable value is known as

joint products value at split off method
main product cost at split off method
Gross realizable value method
net realizable value method

5.

The final sales is subtracted from net realizable value is used to calculate

separable costs
inseparable costs
joint costs
floating costs