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Cost Accounting MCQs

Cost Accounting MCQ Questions - Topic

Prime Costs MCQ with Answers PDF

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Prime Costs Multiple Choice Questions (MCQ), Prime Costs quiz answers PDF with cost accounting live worksheets for online degrees. Solve accounting concepts Multiple Choice Questions and Answers (MCQs), Prime Costs quiz questions for general business degree online. Prime Costs Interview Questions PDF: prime costs, manufacturing costs, inventory types, inventoriable cost and period cost test prep for accredited online business administration degree.

"The direct manufacturing labor costs is added into manufacturing overhead cost to calculate" MCQ PDF on prime costs with choices transaction costs, conversion costs, resale costs, and merchandise costs for general business degree online. Solve prime costs quiz questions for merit scholarship test and certificate programs for online college classes.

MCQs on Prime Costs Quiz

MCQ: The direct manufacturing labor costs is added into manufacturing overhead cost to calculate

transaction costs
conversion costs
resale costs
merchandise costs

MCQ: In cost terms, the direct manufacturing labor cost is included in

manufacturing costs
prime costs
conversion costs
both B and C

MCQ: The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be

$40,000
$60,000
$52,000
$20,000

MCQ: The direct material cost is $75000 and direct manufacturing labor is $20000, then prime cost would be

$55,000
$37,500
$95,000
$26,000

MCQ: If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be

$19,500
$30,500
$45,500
$22,500

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Prime Costs Interview Questions

The direct manufacturing labor costs is added into manufacturing overhead cost to calculateThe first step in constant gross margin percentage, Net realizable value (NRV)Evaluation criteria of regression equation must be considered asIf the inventory level decreases then operating income, under variable costing, will be reportedIf target operating income is $38000, contribution margin per unit is $400,The products, divisions and customers are the examples of