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Process Costing System Questions and Answers PDF Download eBook p. 165

Process Costing System trivia questions and answers, process costing system quiz answers PDF 165 to practice accounting exam questions for online classes. Practice "Process Costing" trivia questions and answers, process costing system Multiple Choice Questions (MCQ) for online accounting degree. Free process costing system MCQs, revenue allocation methods, types of spoilage, cost analysis, total costs and unit costs, process costing system test prep for online degrees.

"If the total incurred cost in a production process are $30000 and the number of output units are 5000 units, then the units cost will be", process costing system Multiple Choice Questions (MCQ) with choices $60, $16, $6, and $26 for online business administration degree. Learn process costing questions and answers to improve problem solving skills for accredited online schools for business management. Process Costing System Video

Trivia Quiz on Process Costing System PDF Download eBook

Process Costing System Quiz

MCQ: If the total incurred cost in a production process are $30000 and the number of output units are 5000 units, then the units cost will be

  1. $16
  2. $60
  3. $6
  4. $26

C

Total Costs and Unit Costs Quiz

MCQ: The quantity of manufactured goods are sold at which the total cost equal, is known as

  1. breakeven point
  2. cost point
  3. revenue point
  4. quantity point

A

Cost Analysis Quiz

MCQ: In costing of project, the wages paid to workers for the unproductive work at the time of material shortage is termed as

  1. indirect wages
  2. health wages
  3. idle time wages
  4. shortage time wages

C

Types of Spoilage Quiz

MCQ: An amount of spoilage that is natural in any particular production process is classified as

  1. normal scrap
  2. normal spoilage
  3. abnormal spoilage
  4. weighted spoilage

B

Revenue Allocation Methods Quiz

MCQ: The method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as

  1. step down allocation method
  2. stand-alone revenue allocation method
  3. incremental revenue allocation method
  4. revenue mix allocation method

C