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Accounting Notes and Technology Articles

Building Block Concepts of Costing Systems Questions and Answers PDF Download eBook

Building Block Concepts of Costing Systems trivia questions and answers, building block concepts of costing systems quiz answers PDF 99 to practice accounting exam questions for online classes. Practice "Job Costing" trivia questions and answers, building block concepts of costing systems Multiple Choice Questions (MCQ) for online accounting degree. 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. Building Block Concepts of Costing Systems Video

Trivia Quiz on Building Block Concepts of Costing Systems PDF Download eBook

Building Block Concepts of Costing Systems Quiz

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

  1. priced costing
  2. actual costing
  3. direct costing
  4. indirect costing

B

Responsibility and Controllability Quiz

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

  1. to be implemented
  2. based on current practice
  3. based on past prices
  4. based on sold quantity

A

Inventory Costing Methods Quiz

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

  1. 2500 units
  2. 2000 units
  3. 1000 units
  4. 1500 units

C

Retail Organizations: Inventory Management Quiz

MCQ: 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

  1. 16
  2. 12
  3. 10
  4. 14

C

WAM and Spoilage Quiz

MCQ: 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

  1. 245.1724
  2. 255.1724
  3. 278.1724
  4. 268.1724

B