Cost Accounting Mcqs

A. inventory margin
B. sales margin
C. Gross margin
D. production margin

A. profit point
B. breakeven point
C. production point
D. cost point

A. indirect labor
B. capacity
C. raw material
D. direct labor

A. allocation approach
B. unadjusted approach
C. proration approach
D. adjusted approach

A. master budget capacity utilization
B. finite cost utilization
C. infinite cost utilization
D. infinite budget capacity utilization

A. unadjusted cost approach
B. adjusted allocation rate approach
C. unadjusted allocation approach
D. adjusted cost approach

A. capacity used
B. capacity available
C. capacity utilization
D. downward demand

A. 65 units
B. 75 units
C. 95 units
D. 85 units

A. higher income
B. zero dividends
C. negative income value
D. lower income

A. write off variance approach
B. write in variance approach
C. adjusted variance approach
D. unadjusted variance approach