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MBA Cost Accounting Practice Tests

MBA Cost Accounting Online Tests

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The WAM and Spoilage Multiple Choice Questions (MCQ Quiz) with Answers PDF, WAM and Spoilage MCQ PDF e-Book download to practice MBA Cost Accounting Tests. Study Process Costing Multiple Choice Questions and Answers (MCQs), WAM and Spoilage quiz answers PDF for online accounting master degree. The WAM and Spoilage MCQ App Download: Free learning app for types of spoilage, job costing and spoilage, spoilage, rework and scrap terminology test prep to learn free online courses.

The MCQ: If cost incurred for work in process inventory is \$350000 and total equivalent units completed till date are 3500, then weighted average cost will be; "WAM and Spoilage" App Download (Free) with answers: \$10; \$100; \$1,000; \$1,200; for online accounting master degree. Practice WAM and Spoilage Quiz Questions, download Apple eBook (Free Sample) for online classes for bachelor's degree in business administration.

## WAM and Spoilage MCQs: Questions and Answers

MCQ 1:

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
MCQ 2:

If the cost incurred for work in process inventory is \$350000 and total equivalent units completed till date are 3500, then weighted average cost will be

1. \$10
2. \$100
3. \$1,000
4. \$1,200
MCQ 3:

Total transferred-out cost plus normal spoilage is divided by number of goods units produced, to calculate

1. cost per good units transferred out
2. cost per good units transferred in
3. revenue per good units transferred out
4. revenue per good units transferred in