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Accounting MCQs with Answers

The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate : __________?

April 20, 2025 by admin
A. fixed material price
B. variable materials price
C. fixed production units
D. budgeted production units
Categories Accounting MCQs with Answers Leave a comment

If the direct material cost of goods sold is $7500, and through contribution is $15650, then revenues will be _________?

April 20, 2025 by admin
A. $8,150
B. $23,150
C. $33,150
D. $13,150
Categories Accounting MCQs with Answers Leave a comment

If the total sales are $250000, the beginning inventory is $25000 and the ending inventory is $25000, then total production would be ________?

April 20, 2025 by admin
A. $250,000
B. $350,000
C. $300,000
D. $400,000
Categories Accounting MCQs with Answers Leave a comment

In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?

April 20, 2025 by admin
A. fixed direct manufacturing cost
B. variable direct manufacturing cost
C. fixed indirect manufacturing cost
D. variable indirect manufacturing cost
Categories Accounting MCQs with Answers Leave a comment

The recalculation of demand can be avoided, by using practical capacity while calculation of budgeted fixed manufacturing per unit cost as ___________?

April 20, 2025 by admin
A. denominator
B. numerator
C. multiplier
D. equalizer
Categories Accounting MCQs with Answers Leave a comment

If the budgeted fixed manufacturing cost is $124000 and the per unit cost is $124, then budgeted production units can be ___________?

April 20, 2025 by admin
A. $4,000
B. $1,000
C. $2,000
D. $3,000
Categories Accounting MCQs with Answers Leave a comment

If the total sales are $355000, the beginning inventory is $23000 and the ending inventory is $15000, then total production would be _________?

April 20, 2025 by admin
A. $363,000
B. $463,000
C. $393,000
D. $493,000
Categories Accounting MCQs with Answers Leave a comment

Another name of super-variable costing is ___________?

April 20, 2025 by admin
A. throughput costing
B. unit costing
C. batch costing
D. manufacturing costing
Categories Accounting MCQs with Answers Leave a comment

The revenue and throughput contribution is subtracted to calculate the __________?

April 20, 2025 by admin
A. indirect labor cost of goods sold
B. direct labor cost of goods sold
C. direct material cost of goods sold
D. indirect material cost of goods sold
Categories Accounting MCQs with Answers Leave a comment

If the production is less than sales, then operating income under variable costing is __________?

April 20, 2025 by admin
A. negative income value
B. lower income
C. higher income
D. zero dividends
Categories Accounting MCQs with Answers Leave a comment
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