Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Weighted Average Method MCQ with Answers

Weighted Average Method Multiple Choice Questions (MCQ) to solve weighted average method quiz answers PDF worksheet, cost accounting test for online courses. Practice process costing Multiple Choice Questions and Answers (MCQs), "Weighted Average Method" quiz questions and answers for online bachelor degree programs in business administration. Learn weighted average method, process costing system, transferred in costs: process costing test prep for online BBA business administration.

"If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are" Multiple Choice Questions (MCQ) on weighted average method with choices 1800 units, 1500 units, 1300 units, and 1500 units for online bachelor degree programs in business administration. Solve weighted average method quiz questions for merit scholarship test and certificate programs for online college courses for business management.

MCQs on Weighted Average Method

1.

If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are

1800 units
1500 units
1300 units
1500 units

2.

If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be

1800 units
2300 units
10300 units
1500 units

3.

The costing method, which calculates per equivalent unit cost of all the production related work done, till calculated date is termed as

weighted average method
net present value method
Gross production method
net present value method

4.

Total cost related to work in process inventory is divided by total units of work done is used to calculate

Gross weighted margin
weighted average revenue
weighted average cost
weighted average conversion cost