Accounting Mcqs
The health care premium for workers and the pension costs are included in _________?

A. Payroll fringe costs
B. Health costs
C. Premium costs
D. Workers costs

The conversion cost is subtracted from manufacturing overhead cost is to calculate the ____________?

A. Manufacturing labor costs
B. Direct labor costs
C. Direct manufacturing labor costs
D. Indirect manufacturing labor costs

The inventory of the final goods that are not yet sold is called __________?

A. Finished goods inventory
B. Indirect material inventory
C. Direct materials inventory
D. Work in process inventory

An acquisition cost of raw material is to be used in the manufacturing, and becoming a component of cost object is classified as _________?

A. Direct material costs
B. Indirect material costs
C. Direct labor costs
D. Indirect labor costs

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

A. Discuss costs
B. Prime costs
C. Resale cost
D. Merchandise costs