Capacity Analysis and Inventory Costing MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Capacity Analysis and Inventory Costing, a fundamental topic in the field of Cost Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Capacity Analysis and Inventory Costing MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Capacity Analysis and Inventory Costing mcq questions that explore various aspects of Capacity Analysis and Inventory Costing problems. Each MCQ is crafted to challenge your understanding of Capacity Analysis and Inventory Costing principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Cost Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Capacity Analysis and Inventory Costing MCQs are your pathway to success in mastering this essential Cost Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Capacity Analysis and Inventory Costing. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Capacity Analysis and Inventory Costing knowledge to the test? Let's get started with our carefully curated MCQs!

Capacity Analysis and Inventory Costing MCQs | Page 6 of 11

Q51.
The fixed direct manufacturing cost is calculated, by multiplying standard prices for standard quantity of allowed input for actual output in
Discuss
Answer: (c).standard costing
Q52.
The number of units, must be sold to earn targeted operating income are calculated by dividing the total fixed cost operating income and
Discuss
Answer: (d).contribution margin per unit
Q53.
In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as
Discuss
Answer: (c).period costs
Q54.
The fixed manufacturing cost under absorption costing is
Discuss
Answer: (d).non-inventoriable
Q55.
The fixed budgeted manufacturing cost is $45000 and the budgeted production units are 900, then budgeted fixed manufacturing cost per unit will be
Discuss
Answer: (c).$50
Q56.
If the budgeted fixed cost is $55000 and budgeted fixed cost is $55 per unit, then budgeted denominator level is
Discuss
Answer: (c).1000 units
Q57.
In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate
Discuss
Answer: (a).fixed manufacturing overhead cost
Q58.
The costing method, in which the direct material cost is included in inventoriable cost is called
Discuss
Answer: (d).both b and c
Discuss
Answer: (b).budgeted fixed manufacturing cost
Q60.
In absorption costing, the managers may increase operating income by producing
Discuss
Answer: (b).more inventory units
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