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Inventory Costing Methods Quiz Questions and Answers PDF Download eBook - 175

Inventory Costing Methods quiz questions and answers, inventory costing methods MCQs with answers PDF 175 to practice accounting mock tests for online graduate programs. Practice "Capacity Analysis and Inventory Costing" quiz questions with answers, inventory costing methods Multiple Choice Questions (MCQ) for online accounting degree. Free inventory costing methods MCQs, cost based pricing, variable and fixed overhead costs, specification analysis : estimation assumptions, management, financial and cost accounting, inventory costing methods test prep for online college classes.

"If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be", inventory costing methods Multiple Choice Questions (MCQ) with choices $60,000, $40,000, $70,000, and $50,000 for BS degree in business administration. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for online degrees. Inventory Costing Methods Video

Quiz on Inventory Costing Methods PDF Download eBook

Inventory Costing Methods Quiz

MCQ: If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be

  1. $40,000
  2. $60,000
  3. $70,000
  4. $50,000

C

Management, Financial and Cost Accounting Quiz

MCQ: In financial accounting, an emphasis and focus is considered as

  1. communication oriented
  2. bank oriented
  3. future oriented
  4. past oriented

D

Specification Analysis : Estimation Assumptions Quiz

MCQ: If the residual error is 51 and the predicted cost value is 37, then the observed cost value will be

  1. 14
  2. 88
  3. 24
  4. 68

B

Variable and Fixed Overhead Costs Quiz

MCQ: The variable overhead flexible budget variance is added to flexible budget amount to calculate

  1. actual cost incurred
  2. fixed cost incurred
  3. variable cost incurred
  4. manufacturing cost incurred

A

Cost Based Pricing Quiz

MCQ: The product costing technique in which markup component is added into cost base, to set a target price is known as

  1. market based approach
  2. cost incurrence pricing
  3. cost plus pricing
  4. locked-in cost pricing

C