A. throughput costing
B. unit costing
C. batch costing
D. manufacturing costing
Related Mcqs:
- In super variable costing, all costs other than direct material costs are recorded in the period ________?
A. of incurring
B. of sale
C. of manufacturing
D. of indirect recording - The costing system, which is a combination of process costing and job costing system, is classified as __________?
A. weighted costing system
B. average costing system
C. hybrid costing system
D. double costing system - If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?
A. production exceeds breakeven sales
B. breakeven sales exceeds production
C. price exceeds cost
D. cost exceeds price - The variance which is included in absorption costing, but not in variable costing is classified as __________?
A. production volume variance
B. cost volume variance
C. profit volume variance
D. fixed cost variance - In variable costing, the variable manufacturing and fixed manufacturing cost focus on __________?
A. distinction
B. similarities
C. increase in units
D. decrease in units - The normal costing and standard costing methods are used in decisions such as ___________?
A. investment decisions
B. pricing decisions
C. product mix decisions
D. Both B and C - The change in variable costing in operating income, is calculated by multiplying contribution margin per unit to ___________?
A. increase in units sold
B. change in quantity of sold units
C. increase in units manufactured
D. decease in units manufactured - In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?
A. accrual cost
B. incurred cost
C. period costs
D. setup costs - If the inventory level decreases then operating income, under variable costing, will be reported ___________?
A. more
B. less
C. zero
D. none of above - The costing method, in which the variable manufacturing costs are treated as inventoriable cost is called ___________?
A. manufacturing costing
B. absorption costing
C. variable costing
D. labor costing
