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MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 85

Direct Costs and Indirect Costs Quiz Questions and Answers PDF - 85

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Direct Costs & Indirect Costs Questions and Answers : Quiz 85

MCQ 421: The cost which is related to specific cost object and cannot be economically traceable is classified as

A) line cost
B) staff cost
C) direct cost
D) indirect cost

MCQ 422: If value of final sales is \$48000 and the net realizable value is \$35000, then the value of sales costs would be

A) \$35,000
B) \$13,000
C) \$83,000
D) \$48,000

MCQ 423: In monetary terms, an expected value of the outcome is classified as

A) expected value
B) expected decision value
C) expected outcome value
D) expected monetary value

MCQ 424: If the contribution per unit is \$900 and the number of units sold is \$70, then the contribution margin will be

A) \$97,000
B) \$83,000
C) \$63,000
D) \$12,860

MCQ 425: The third ranked product in incremental revenue-allocation method is known as

A) primary product
B) First incremental product
C) Second incremental product
D) Third incremental product

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