Accounting MCQs

1590 MCQs  (Page 156 of 159)

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The conversion cost is subtracted from manufacturing overhead cost is to calculate the ____________?
A. Manufacturing labor costs
B. Direct labor costs
C. Direct manufacturing labor costs
D. Indirect manufacturing labor costs
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The inventory of the final goods that are not yet sold is called __________?
A. Finished goods inventory
B. Indirect material inventory
C. Direct materials inventory
D. Work in process inventory
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An acquisition cost of raw material is to be used in the manufacturing, and becoming a component of cost object is classified as _________?
A. Direct material costs
B. Indirect material costs
C. Direct labor costs
D. Indirect labor costs
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The calculation of product cost, gathering information for planning and analyzing information for decisions making are the features of ________?
A. Information accounting
B. Cost accounting
C. Analyzing accounts
D. Marketing costs
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The direct material cost is $75000 and direct manufacturing labor is $20000, then prime cost would be ________?
A. $55,000
B. $37,500
C. $95,000
D. $26,000
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The direct material costs are added into direct manufacturing costs, to calculate _________?
A. Discuss costs
B. Prime costs
C. Resale cost
D. Merchandise costs
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If the direct service labor is $7000, the idle time wages are $2000 and the overtime premium is $950, then the total figure would be __________?
A. $5,850
B. $5,950
C. $9,950
D. $10,050
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The direct service labor is $5000, the idle time wages are $1000 and the overtime premium is $450, then the total figure would be _________?
A. $4,450
B. $6,450
C. $21,500
D. $14,300
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In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are
A. Inventoriable costs
B. Finished costs
C. Factory overhead costs
D. Manufacturing overhead costs
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The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be ____________?
A. $40,000
B. $60,000
C. $52,000
D. $20,000
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Word of the Day
26 Aug
Flare
burn or shine with a sudden intensity.
چمکنا، شعلہ، بھڑک اٹھنا

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