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Inventory Costing: Manufacturing Companies Quiz Questions and Answers PDF Download eBook

Inventory Costing Manufacturing Companies quiz questions and answers, inventory costing manufacturing companies MCQs with answers PDF 109 to practice accounting mock tests for online graduate programs. Practice "Capacity Analysis and Inventory Costing" quiz questions with answers, inventory costing manufacturing companies Multiple Choice Questions (MCQ) for online accounting degree. Free inventory costing: manufacturing companies MCQs, irrelevant joint costs: decision making, residual income, inventory costing: manufacturing companies test prep for online bachelor's degree in business management.

"The costing method, in which the variable manufacturing costs are treated as inventoriable cost is called", inventory costing manufacturing companies Multiple Choice Questions (MCQ) with choices absorption costing, manufacturing costing, variable costing, and labor costing for online master's degree in business management. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for online BBA degree. Inventory Costing: Manufacturing Companies Video

Quiz on Inventory Costing: Manufacturing Companies PDF Download eBook

Inventory Costing: Manufacturing Companies Quiz

MCQ: The costing method, in which the variable manufacturing costs are treated as inventoriable cost is called

  1. manufacturing costing
  2. absorption costing
  3. variable costing
  4. labor costing

C

Residual Income Quiz

MCQ: If the required rate of return is 13%, operating income is $375000 and the total investment is $2650000, then the residual income would be

  1. $30,500
  2. $20,500
  3. $25,500
  4. $32,500

A

Irrelevant Joint Costs: Decision Making Quiz

MCQ: An expected future revenue, which diverges in unconventional course of action is classified as

  1. partial revenue
  2. total revenue
  3. relevant revenues
  4. irrelevant revenues

C

Breakeven Point and Target Income Quiz

MCQ: If the budgeted revenue is $50000 and the breakeven revenue is $35000, then the margin of safety would be

  1. $12,000
  2. $14,000
  3. $15,000
  4. $16,000

C

Inventory Costing: Manufacturing Companies Quiz

MCQ: If the selling price is $5000, variable manufacturing cost per unit is $1500 and variable marketing cost per unit is $500, then contribution margin per unit will be

  1. $7,000
  2. $3,000
  3. $4,000
  4. $5,000

B