A. conversion costs
B. sunk costs
C. inventoriable costs
D. non inventoriable costs
Cost Accounting Mcqs
Cost Accounting Mcqs
A. Gross weighted margin
B. weighted average revenue
C. weighted average cost
D. weighted average conversion cost
A. conversion expense costing system
B. inventory costing system
C. process costing system
D. job costing system
A. summarize flow of output
B. compute output in units
C. summarize total costs
D. compute cost for each equivalent unit
A. $10
B. $100
C. $1,000
D. $1,200
A. $16
B. $60
C. $6
D. $26
A. summarize total costs
B. compute cost for each equivalent unit
C. summarize flow of output
D. compute output in units
A. weighted average method
B. net present value method
C. Gross production method
D. net present value method
A. summarize total costs
B. compute cost for each equivalent unit
C. summarize flow of output
D. compute output in units
A. allocate separable costs
B. allocate joint costs
C. compute gross margin
D. assign total cost to completed units
