Cost Accounting Mcqs

A. abnormal spoilage
B. normal spoilage
C. transferred-in spoilage
D. transferred-out spoilage

A. cost per good units transferred out
B. cost per good units transferred in
C. revenue per good units transferred out
D. revenue per good units transferred in

A. conversion costs
B. sunk costs
C. inventoriable costs
D. non inventoriable costs

A. inventory costing
B. conversion costing
C. normal scrap costing
D. abnormal scrap costing

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

A. physical tracking
B. non-inventoriable costing
C. inventory costing
D. both a and c

A. short lengths from wood work
B. defective aluminum cans recycled by manufacturer
C. detection of defective pieces before shipment
D. none of above

A. rework point
B. inspection point
C. spoilage point
D. scrap point

A. normal scrap
B. normal spoilage
C. abnormal spoilage
D. weighted spoilage

A. short lengths from wood work
B. defective aluminum cans recycled by manufacturer
C. detection of defective pieces before shipment
D. all of above