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Accounting MCQs with Answers

The normal activity range in which there is relationship between activity and costs is classified as _____________?

April 20, 2025 by admin
A. relevant range
B. irrelevant range
C. cause range
D. effective range
Categories Accounting MCQs with Answers Leave a comment

If the cost per unit is $50 and the total number of units manufactured in company are 5000, then the total manufacturing cost will be __________?

April 20, 2025 by admin
A. $220,000
B. $232,000
C. $250,000
D. $25,000
Categories Accounting MCQs with Answers Leave a comment

If the total manufacturing cost is $40000 and the total units manufactured is 500 units, then the per unit cost would be __________?

April 20, 2025 by admin
A. $80
B. $65
C. $7
D. $35
Categories Accounting MCQs with Answers Leave a comment

If the cost per unit is $70 and the total number of units manufactured in company are 6000, then the total manufacturing cost would be _____________?

April 20, 2025 by admin
A. $240,000.00
B. $320,000
C. $210,000
D. $420,000
Categories Accounting MCQs with Answers Leave a comment

An ability of an accounting system, to point out the use of resources in every step of production process is called ___________?

April 20, 2025 by admin
A. back-flush trails
B. audit trails
C. trigger trails
D. lead manufacturing trails
Categories Accounting MCQs with Answers Leave a comment

The costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as ___________?

April 20, 2025 by admin
A. carrying costs
B. purchasing costs
C. stock-out costs
D. ordering costs
Categories Accounting MCQs with Answers Leave a comment

If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be _____________?

April 20, 2025 by admin
A. $9,650
B. $2,350
C. $3,750
D. $2,750
Categories Accounting MCQs with Answers Leave a comment

An example of shrinkage costs is _____________?

April 20, 2025 by admin
A. incoming freight
B. storage costs
C. insurance
D. clerical errors
Categories Accounting MCQs with Answers Leave a comment

A push through system, according to which goods are manufactured for finished inventory solely, on the basis of forecasted demand can be classified as ___________?

April 20, 2025 by admin
A. in-time production
B. materials requirement planning
C. on-time production
D. pull strategy of production
Categories Accounting MCQs with Answers Leave a comment

If the economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be ____________?

April 20, 2025 by admin
A. 16
B. 12
C. 10
D. 14
Categories Accounting MCQs with Answers Leave a comment
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