Related Mcqs:

1. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are _____________?

   A. 1800 units
   B. 1500 units
   C. 1300 units
   D. 1500 units

2. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be ___________?

   A. 1800 units
   B. 2300 units
   C. 10300 units
   D. 1500 units

3. Considering two fiscal years 2013 and 2014, an input price in 2013 and 2014 are $9 and $11 per unit respectively and input required units in 2013 to produce output in 2014 are 30000 units, then cost effect of price recovery will be ___________?

   A. $60,000
   B. $6,000
   C. $65,000
   D. $6,500

4. If the beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and the completed good units are 8000 then total spoilage will be ____________?

   A. 1200 units
   B. 990 units
   C. 1100 units
   D. 1000 units

5. 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 __________?

   A. $220,000
   B. $232,000
   C. $250,000
   D. $25,000

6. If the cost incurred for work in process inventory is $350000 and total equivalent units completed till date are 3500, then weighted average cost will be __________?

   A. $10
   B. $100
   C. $1,000
   D. $1,200

7. The sum of beginning work in process inventory units and started units, is subtracted from the sum of ending work in process inventory units and transferred out units of goods, to calculate ____________?

   A. Gross weighted spoilage
   B. inventoriable spoilage
   C. partial spoilage
   D. total spoilage

8. The total costs incur in a production process, is divided by total number of output units, to calculate the ____________?

   A. cost of indirect labor
   B. cost of direct labor
   C. cost of direct material
   D. unit costs

9. If the budget sales units are 5000, the ending inventory is 4000 units and the beginning inventory is 1000, then the budget production will be __________?

   A. 4000 units
   B. 5000 units
   C. 8000 units
   D. 10000 units

10. If the variable cost per unit is $25 and the quantity of units sold is 5000, then the total variable cost would be __________?

    A. $155,000
    B. $125,000
    C. $135,000
    D. $145,000