BASIC COST CONCEPT REVIEW PART 2

Quiz
•
Business
•
University
•
Hard
Carlo MBA
Used 5+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The beginning finished goods inventory
30,000
5,000
25,000
15,000
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The total direct labor cost
25,000
35,000
40,000
30,000
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The ending materials inventory
10,000
5,000
15,000
20,000
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The total cost of goods sold
140,000
135,000
200,000
160,000
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The total prime cost
45,000
80,000
100,000
140,000
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The total conversion cost
60,000
100,000
40,000
140,000
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