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Cost Accounting MCQs

Cost Accounting MCQ PDF - Topics

Prime Costs MCQ Quiz Online

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Learn Prime Costs Multiple Choice Questions (MCQ), Prime Costs quiz answers PDF to study cost accounting online course for cost accounting classes. Accounting Concepts Multiple Choice Questions and Answers (MCQs), Prime Costs quiz questions for general business degree online. "Prime Costs MCQ" PDF Book: 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: prime costs with choices transaction costs, conversion costs, resale costs, and merchandise costs for general business degree online. Study 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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In a set of observations, the unusual lower and higher values are calledThe method used to compute average or central value of the collected data is considered asIf the arithmetic mean is 78 and coefficient of variation is 12.3% then the standard deviation isConsider a set of observations whose mean is 14 and the modeThe data measurement which arises from a specific measuring process is classified asIn a Venn diagram used to represent probabilities, the occurred events are represented by

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