Accounting MCQs

1590 MCQs  (Page 139 of 159)

Direct material cost of sold goods is subtracted from revenues to calculate __________?
A. Accrual contribution
B. Indirect contribution
C. Throughput contribution
D. Direct contribution
The standard cost of allocation base, allowed to output achieved, is multiplied to standard variable overhead rate is to calculate __________?
A. Indirect manufacturing overhead cost
B. Direct manufacturing overhead cost
C. Fixed manufacturing overhead cost
D. Variable manufacturing overhead cost
Throughout the period costs, costing methods are treated as ___________?
A. Manufacturing in period
B. Expenses of period
C. Incurred in period
D. Accrual in period
The difference between absorption and variable costing is the accountability of ___________?
A. Direct overhead
B. Indirect overhead cost
C. Fixed manufacturing cost
D. Variable manufacturing cost