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Cost Accounting MCQs - Complete

Inventory Costing Methods Trivia Questions and Answers PDF p. 33

Inventory Costing Methods trivia questions and answers, inventory costing methods worksheets with answers PDF 33 to practice Cost Accounting exam questions for online classes. Practice Capacity Analysis and Inventory Costing MCQ questions, inventory costing methods Multiple Choice Questions (MCQ) for online college degrees. Inventory Costing Methods Quizzes PDF: cost allocation and costing systems, concept of relevance, types of spoilage, budgets and budgeting cycle, inventory costing methods test prep for free online classes.

"The budgeted fixed manufacturing cost for per unit, which is used to measure per unit cost of supplying is called" MCQ PDF with choices capacity, indirect labor, raw material, and direct labor for online business degree. Learn capacity analysis and inventory costing questions and answers to improve problem solving skills for online BBA courses.

Trivia Quiz on Inventory Costing Methods MCQs

MCQ: The budgeted fixed manufacturing cost for per unit, which is used to measure per unit cost of supplying is called

indirect labor
raw material
direct labor

MCQ: The document, which contains the information about the used material sequence, detail and quantity of raw material is classified as

bill of materials
bill of sequence
bill of detail
bill of raw materials

MCQ: An amount of spoilage that is not natural in a specific production process is categorized as

normal scrap
normal spoilage
abnormal spoilage
weighted spoilage

MCQ: As compared to irrelevant cost, the occurrence of relevant costs must

have high correlation
be in future
be in past
be zero correlated

MCQ: In corporate costs, the costs incur for employee recruitment, development and training are classified as

discretionary costs
human resource management costs
corporate administration costs
treasury costs

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