Cost Accounting Quizzes

Cost Accounting BBA MCQs - Complete

# Building Block Concepts of Costing Systems Questions and Answers p. 99

Building Block Concepts of Costing Systems trivia questions and answers, building block concepts of costing systems quiz answers PDF 99 to practice Cost Accounting BBA exam questions for online classes. Practice "Job Costing" trivia questions and answers, building block concepts of costing systems Multiple Choice Questions (MCQ) for online college degrees. Free building block concepts of costing systems MCQs, wam and spoilage, retail organizations: inventory management, inventory costing methods, responsibility and controllability, building block concepts of costing systems test prep to learn online certificate courses.

"The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as", building block concepts of costing systems Multiple Choice Questions (MCQ) with choices actual costing, priced costing, direct costing, and indirect costing for online bachelor's degree in business management. Learn job costing questions and answers to improve problem solving skills for online business degree.

## Trivia Quiz on Building Block Concepts of Costing Systems

1.

The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as

priced costing
actual costing
direct costing
indirect costing

2.

In Kaizen budgeting, the costs are based on all the improvements which is

to be implemented
based on current practice
based on past prices
based on sold quantity

3.

If the budgeted fixed cost is \$55000 and budgeted fixed cost is \$55 per unit, then budgeted denominator level is

2500 units
2000 units
1000 units
1500 units

4.

If the economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be

16
12
10
14

5.

If the transferred out total cost is \$1850000 and the number of good units (produced), then the cost per good unit transferred out and completed can be

245.1724
255.1724
278.1724
268.1724