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Normal Costings Quizzes Online MCQs PDF Download eBook p. 86

Normal Costings quiz questions, normal costings multiple choice questions and answers PDF 86 to learn accounting course for online certification. Practice "Job Costing" quiz with answers, normal costings Multiple Choice Questions (MCQ) for online accounting degree. Free normal costings MCQs, constant gross margin percentage nrv method, inventory costing methods, normal costings test prep for online business degree.

"The manufacturing overhead cost allocated to individual jobs is classified as", normal costings Multiple Choice Questions (MCQ) with choices cost overhead applied, manufacturing overhead allocated, manufacturing overhead applied, and both a and c for online college courses for business management. Learn job costing questions and answers to improve problem solving skills for online business administration school. Normal Costings Video

Normal Costings Questions and Answers PDF Download eBook

Normal Costings Quiz

MCQ: The manufacturing overhead cost allocated to individual jobs is classified as

  1. manufacturing overhead allocated
  2. cost overhead applied
  3. manufacturing overhead applied
  4. both A and C


Inventory Costing Methods Quiz

MCQ: If target operating income is $45000 and contribution margin per unit is $500, then number of units must be sold to earn targeted operating incomes will be

  1. 100 units
  2. 90 units
  3. 110 units
  4. 120 units


Inventory Costing Methods Quiz

MCQ: The measuring of capacity in terms of normal capacity utilization is also termed as

  1. output demanded
  2. input demanded
  3. capacity supplied
  4. capacity borrowed


Constant Gross Margin Percentage NRV Method Quiz

MCQ: The second step, in constant gross margin percentage Net Realizable Value (NRV) method, to allocate joint cost is to compute

  1. allocated joint costs
  2. cost of split off point
  3. Gross margin percentage
  4. total production cost of each product


Revenue Allocation Methods Quiz

MCQ: In stand-alone revenue-allocation method, the type of weights available for this method are

  1. selling prices as weights
  2. unit costs as weights
  3. physical units as weights
  4. all of above