Cost Accounting Mcqs

A. partial work costs
B. transferred-in costs
C. transferred-out costs
D. weighted average costs

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

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

A. transferred-in costs
B. transferred-out costs
C. FIFO costs
D. LIFO costs

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

A. accounting period costing system
B. process costing system
C. job costing system
D. none of above

A. summarize flow of output
B. compute output in units
C. summarize total costs
D. compute cost for each equivalent unit

A. partial inventory costing method
B. current period inventory method
C. Last-in, first-out method
D. First-in, first-out method

A. conversion process
B. operation
C. hybridization
D. both a and b

A. incremental costing system
B. split off costing system
C. inventoriable costing system
D. operation costing system