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MBA Cost Accounting Practice Test 11

# Inventory Costing: Manufacturing Companies Quiz PDF: Questions and Answers - 11

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The Inventory Costing Manufacturing Companies Quiz Questions and Answers PDF, Inventory Costing Manufacturing Companies Quiz Answers PDF Download e-Book Ch. 7-11 to solve MBA Cost Accounting Practice Tests. Learn Capacity Analysis and Inventory Costing MCQ Questions PDF, Inventory Costing Manufacturing Companies Multiple Choice Questions (MCQ Quiz) to study online BBA courses. The Inventory Costing: Manufacturing Companies Quiz App Download: Free educational app for inventory costing: manufacturing companies, manufacturing costs, estimating cost function using quantitative analysis, prime costs, cvp analysis test prep for best online colleges for business administration.

The Quiz: If production is less than sales so, an operating income under absorption costing will be called; "Inventory Costing: Manufacturing Companies" App (iOS & Android) with answers: Zero dividends; Higher income; Negative income value; Lower income; for best online colleges for business administration. Study Capacity Analysis and Inventory Costing Questions and Answers, Google eBook to download free sample for online bachelor's degree in business management.

## Inventory Costing: Manufacturing Companies Questions and Answers : Quiz 11

MCQ 51:

If the production is less than sales so, an operating income under absorption costing will be called

1. higher income
2. zero dividends
3. negative income value
4. lower income
MCQ 52:

The direct material costs are added into direct manufacturing costs, to calculate

1. discuss costs
2. prime costs
3. resale cost
4. merchandise costs
MCQ 53:

Estimation of cost functions of an ignoring information from all points, but considering two observation points, can be classified as

1. disadvantage of low high method
2. disadvantage of high low method
3. advantage of high low method
4. advantage of low high method
MCQ 54:

The direct manufacturing labor costs is added into manufacturing overhead cost to calculate

1. transaction costs
2. conversion costs
3. resale costs
4. merchandise costs
MCQ 55:

If the selling price is \$5000, the contribution margin per unit is \$1000, then the contribution margin percentage will be

1. 12%
2. 20%
3. 5%
4. 15%

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