Accounting MCQs — Test 47
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Question 1
Direct material cost of sold goods is subtracted from revenues to calculate __________?
Question 2
The standard cost of allocation base, allowed to output achieved, is multiplied to standard variable overhead rate is to calculate __________?
Question 3
The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as __________?
Question 4
Throughout the period costs, costing methods are treated as ___________?
Question 5
The difference between absorption and variable costing is the accountability of ___________?
Question 6
If the revenues are $25000 and through put contribution is $12000, then direct material cost of goods sold will be ____________?
Question 7
If the capacity utilization and its cost are fixed in product costing, the capacity management is ___________?
Question 8
If the contribution margin per unit is $5000, the selling price is $1500 and the variable manufacturing cost per unit is $1200, then per unit cost of marketing will be ___________?
Question 9
If the inventory level decreases then operating income, under variable costing, will be reported ___________?
Question 10
If the budgeted fixed cost is $26000, per unit budgeted denominator level is 1300 units, then budgeted fixed cost will be ___________?