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Weighted Average Method Quizzes Online MCQs PDF Download eBook - 23

Weighted Average Method quiz questions, weighted average method multiple choice questions and answers PDF 23 to learn accounting course for online certification. Practice "Process Costing" quiz with answers, weighted average method Multiple Choice Questions (MCQ) for online accounting degree. Free weighted average method MCQs, inventory costing: manufacturing companies, concept of relevance, price and efficiency variance, activity based costing systems, weighted average method test prep for business administration and management colleges.

"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 Multiple Choice Questions (MCQ) with choices 1500 units, 1800 units, 1300 units, and 1500 units for online colleges for business administration. Learn process costing questions and answers to improve problem solving skills for online bachelor's degree in administration. Weighted Average Method Video

Weighted Average Method Questions and Answers PDF Download eBook

Weighted Average Method Quiz

MCQ: 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

  1. 1800 units
  2. 1500 units
  3. 1300 units
  4. 1500 units

C

Activity Based Costing Systems Quiz

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

  1. different task
  2. purpose cost
  3. an activity
  4. an allocation cost

C

Price and Efficiency Variance Quiz

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

  1. $100
  2. $20
  3. $80
  4. $60

C

Concept of Relevance Quiz

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

  1. unrecorded costs
  2. recorded costs
  3. sunk costs
  4. bunked costs

C

Inventory Costing: Manufacturing Companies Quiz

MCQ: 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

  1. $4,200
  2. $2,300
  3. $7,700
  4. $6,700

B