The costing method, which calculates per equivalent unit cost of all the production related work done, till calculated date is termed as __________?

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. 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

4. If the selling price is $5000, variable manufacturing cost per unit is $1500 and variable marketing cost per unit is $500, then contribution margin per unit will be __________?

   A. $7,000
   B. $3,000
   C. $4,000
   D. $5,000

5. If the contribution margin per unit is $5000, the selling price is $1500 and the variable manufacturing cost per unit is $1200, then per unit cost of marketing will be ___________?

   A. $4,200
   B. $2,300
   C. $7,700
   D. $6,700

6. If the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be _________?

   A. $4,500
   B. $5,500
   C. $6,500
   D. $7,500

7. If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?

   A. $4,000
   B. $2,500
   C. $1,000
   D. $15,000

8. The contribution margin per unit is $500 per unit and the breakeven per unit is $35, then the fixed cost would be ___________?

   A. $13,500
   B. $14,280
   C. $18,500
   D. $17,500

9. If the contribution margin per unit is $700 per unit and the break-even per unit is $40, then the fixed cost would be _____________?

   A. $35,000
   B. $28,000
   C. $17,500
   D. $82,000

10. If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be __________?

    A. $40,000
    B. $60,000
    C. $70,000
    D. $50,000