BASIC COST CONCEPT REVIEW PART 2

BASIC COST CONCEPT REVIEW PART 2

University

6 Qs

quiz-placeholder

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BASIC COST CONCEPT REVIEW PART 2

BASIC COST CONCEPT REVIEW PART 2

Assessment

Quiz

Business

University

Hard

Created by

Carlo MBA

Used 5+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The beginning finished goods inventory

30,000

5,000

25,000

15,000

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The total direct labor cost

25,000

35,000

40,000

30,000

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The ending materials inventory

10,000

5,000

15,000

20,000

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The total cost of goods sold

140,000

135,000

200,000

160,000

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The total prime cost

45,000

80,000

100,000

140,000

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The total conversion cost

60,000

100,000

40,000

140,000