MBA Cost Accounting Practice Test 23

Weighted Average Method Quiz PDF: Questions and Answers - 23

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Free Weighted Average Method Quiz Questions and Answers, weighted average method Quiz MCQs PDF, chapter 28-23 to study online accounting degree programs. Study Process Costing MCQ Questions PDF, weighted average method Multiple Choice Questions (MCQ Quiz) for online college degrees. Free educational app: Weighted Average Method Trivia App Download & e-Book for weighted average method, activity based costing systems, price and efficiency variance, concept of relevance, inventory costing: manufacturing companies test prep for online BBA business administration.

The Quiz: If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are; "Weighted Average Method" App Download (Android & iOS) Free with answers 1500 units, 1800 units, 1300 units and 1500 units for online business accounting degree. Practice process costing questions and answers, Google eBook to download free sample for online college courses for business management.

Weighted Average Method Questions and Answers PDF Download: Quiz 23

MCQ 111: If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are

A) 1800 units

B) 1500 units

C) 1300 units

D) 1500 units

MCQ 112: In an activity based cost system; an activity/unit of work or task with differentiated purposes will be classified as

A) different task

B) purpose cost

C) an activity

D) an allocation cost

MCQ 113: If the budgeted input price is $50, the price variance is $30 then an actual price will be

A) $100

B) $20

C) $80

D) $60

MCQ 114: The kind of costs that has been occurred in past are also known as

A) unrecorded costs

B) recorded costs

C) sunk costs

D) bunked costs

MCQ 115: If the contribution margin per unit is $5000, the selling price is $1500 and the variable manufacturing cost per unit is $1200, then per unit cost of marketing will be

A) $4,200

B) $2,300

C) $7,700

D) $6,700

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