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Direct Costs and Indirect Costs Quiz Questions and Answers PDF Download eBook - 85

Direct Costs and Indirect Costs quiz questions and answers, direct costs and indirect costs MCQs with answers PDF 85 to practice accounting mock tests for online graduate programs. Practice "Basics of Accounting" quiz questions with answers, direct costs and indirect costs Multiple Choice Questions (MCQ) for online accounting degree. Free direct costs and indirect costs MCQs, revenue allocation methods, cvp analysis, contribution margin versus gross margin, net realizable value method, direct costs and indirect costs test prep for business administration and management colleges.

"The cost which is related to specific cost object and cannot be economically traceable is classified as", direct costs and indirect costs Multiple Choice Questions (MCQ) with choices staff cost, line cost, direct cost, and indirect cost for online colleges for business administration. Learn basics of accounting questions and answers to improve problem solving skills for online bachelor's degree in administration. Direct Costs & Indirect Costs Video

Quiz on Direct Costs & Indirect Costs PDF Download eBook

Direct Costs and Indirect Costs Quiz

MCQ: The cost which is related to specific cost object and cannot be economically traceable is classified as

  1. line cost
  2. staff cost
  3. direct cost
  4. indirect cost

D

Net Realizable Value Method Quiz

MCQ: If value of final sales is $48000 and the net realizable value is $35000, then the value of sales costs would be

  1. $35,000
  2. $13,000
  3. $83,000
  4. $48,000

B

Contribution Margin versus Gross Margin Quiz

MCQ: In monetary terms, an expected value of the outcome is classified as

  1. expected value
  2. expected decision value
  3. expected outcome value
  4. expected monetary value

D

CVP Analysis Quiz

MCQ: If the contribution per unit is $900 and the number of units sold is $70, then the contribution margin will be

  1. $97,000
  2. $83,000
  3. $63,000
  4. $12,860

C

Revenue Allocation Methods Quiz

MCQ: The third ranked product in incremental revenue-allocation method is known as

  1. primary product
  2. First incremental product
  3. Second incremental product
  4. Third incremental product

D