BBA Finance Degree Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 207

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The Period Costs Trivia Questions and Answers PDF (Period Costs Quiz Answers PDF e-Book) download Ch. 1-207 to solve MBA Cost Accounting Practice Tests. Learn Accounting Concepts MCQ Questions PDF, Period Costs Multiple Choice Questions (MCQ Quiz) to study accounting certificate courses. The Period Costs Trivia App Download: Free educational app for period costs, use of variances, net realizable value method, revenue allocation and bundled products, single rate and dual rate methods test prep for online college classes.

The Trivia MCQ: In the income statement of merchandising costs, the period cost includes all costs which are not related to; "Period Costs" App (iOS & Android) with answers: Cost of manufacturing goods; Cost of resale goods; Timed resale of goods; Cost of purchased goods; for online college classes. Study Accounting Concepts Questions and Answers, Google eBook to download free sample for online degrees.

## Period Costs Quiz with Answers : MCQs 207

MCQ 1031:

In the income statement of merchandising costs, the period cost includes all costs which are not related to

1. cost of resale goods
2. cost of manufacturing goods
3. timed resale of goods
4. cost of purchased goods
MCQ 1032:

If the static budget variance is \$38000 and the static budget amount is \$12000, then an actual result would be

1. \$36,000
2. \$60,000
3. \$26,000
4. \$50,000
MCQ 1033:

If the net realizable value is \$20000 and the separable costs are \$18000, then the final sales will be

1. \$20,000
2. \$18,000
3. \$2,000
4. \$38,000
MCQ 1034:

The process in which earned revenue is related to specific revenue object, which can cannot trace it in cost effective way is known as

1. revenue allocation
2. revenue object
3. revenue increment
4. reciprocal revenue
MCQ 1035:

Considering dual rate method, if employees work for 8500 budgeted hours at \$120 per hour, and work for 9500 actual hours at \$110 per hour, then the total cost would be

1. \$2,078,000
2. \$3,078,000
3. \$2,065,000
4. \$3,065,000