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Prime Costs MCQs Quiz Online PDF Download eBook

Solve Prime Costs Multiple Choice Questions (MCQ), prime costs quiz answers PDF worksheet, cost accounting practice test for online courses. Learn accounting concepts Multiple Choice Questions and Answers (MCQs), "Prime Costs" quiz questions and answers for general business degree online. Learn period costs, types of inventory, cost analysis test prep for accredited online business administration degree.

"The direct manufacturing labor costs is added into manufacturing overhead cost to calculate" Multiple Choice Questions (MCQ) on prime costs with choices transaction costs, conversion costs, resale costs, and merchandise costs for general business degree online. Practice prime costs quiz questions fmerit scholarship test and certificate programs for online college classes. Prime Costs Video

MCQs on Prime Costs PDF Download eBook

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

  1. transaction costs
  2. conversion costs
  3. resale costs
  4. merchandise costs

B

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

  1. manufacturing costs
  2. prime costs
  3. conversion costs
  4. both B and C

D

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

  1. $40,000
  2. $60,000
  3. $52,000
  4. $20,000

A

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

  1. $55,000
  2. $37,500
  3. $95,000
  4. $26,000

C

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

  1. $19,500
  2. $30,500
  3. $45,500
  4. $22,500

A