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Inventory Costing Methods Questions and Answers PDF Download eBook - 33

Inventory Costing Methods trivia questions and answers, inventory costing methods quiz answers PDF 33 to practice accounting exam questions for online classes. Practice "Capacity Analysis and Inventory Costing" trivia questions and answers, inventory costing methods Multiple Choice Questions (MCQ) for online accounting degree. Free inventory costing methods MCQs, 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", inventory costing methods Multiple Choice Questions (MCQ) 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. Inventory Costing Methods Video

Trivia Quiz on Inventory Costing Methods PDF Download eBook

Inventory Costing Methods Quiz

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

  1. indirect labor
  2. capacity
  3. raw material
  4. direct labor

B

Budgets and Budgeting Cycle Quiz

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

  1. bill of materials
  2. bill of sequence
  3. bill of detail
  4. bill of raw materials

A

Types of Spoilage Quiz

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

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

C

Concept of Relevance Quiz

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

  1. have high correlation
  2. be in future
  3. be in past
  4. be zero correlated

B

Cost Allocation and Costing Systems Quiz

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

  1. discretionary costs
  2. human resource management costs
  3. corporate administration costs
  4. treasury costs

B