
ACMC_S3 2023-2024

Quiz
•
Other
•
University
•
Hard
muhamad bukhari
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is other name of absorption costing?
Variable costing
Fixed costing
Full costing
Product costing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Absorption costing and marginal costing are alternative methods of determining unit product costs that effects____?____ and___?___.
Inventory valuation and cost material
Operating income and operating expenses
Inventory valuation and operating income
Operating income and labour cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main different in treatment of product cost between marginal costing and absorption costing?
Fixed selling and distribution
Fixed administration cost
Fixed manufacturing overhead
Variable manufacturing overhead
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement is not true?
Marginal costing include only the variable manufacturing costs
Absorption costing include the variable manufacturing cost
Marginal costing is classified cost according to behavior.
Absorption costing is reported for internal user.
5.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
In a period where opening inventories were 15,000 units and closing inventories were 20,000 units, a firm had a profit of RM130,000 using absorption costing. If the fixed overhead absorption rate was RM8 per unit, the profit using marginal costing would be___?___.
RM90,000
RM130,000
RM170,000
RM150,000
6.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
In a period, Opening inventory is 25,000 units, closing inventory 10,000 units and sales 150,000 units. Find the number of units produced during the period.
135,000 units
165,000 units
185,000 units
115,000 units
7.
MULTIPLE CHOICE QUESTION
1 min • 3 pts
Consider the following information for unit produced and sold is 1,000 units, Direct material cost is RM5 per unit, Direct labour cost RM4 per units, variable manufacturing overhead cost RM3 per unit and fixed manufacturing overhead cost RM4,000. Based on the information, the variable cost of good sold is___?___.
RM16,000
RM9,000
RM5,000
RM12,000
Create a free account and access millions of resources
Similar Resources on Wayground
13 questions
Economics and Production Costs Quiz

Quiz
•
University
10 questions
NOTES & LOANS RECEIVABLE

Quiz
•
University
5 questions
Akuntansi manajemen

Quiz
•
University
15 questions
Spreadsheet

Quiz
•
University
10 questions
Cost Accounting

Quiz
•
12th Grade - University
10 questions
CLOSING BERISIK

Quiz
•
University
8 questions
Joint Cost dan By Product

Quiz
•
University
10 questions
Siklus Akuntansi, Sistem Biaya, dan Metode Akumulasi Kos

Quiz
•
University
Popular Resources on Wayground
10 questions
Video Games

Quiz
•
6th - 12th Grade
20 questions
Brand Labels

Quiz
•
5th - 12th Grade
15 questions
Core 4 of Customer Service - Student Edition

Quiz
•
6th - 8th Grade
15 questions
What is Bullying?- Bullying Lesson Series 6-12

Lesson
•
11th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade
Discover more resources for Other
20 questions
Definite and Indefinite Articles in Spanish (Avancemos)

Quiz
•
8th Grade - University
7 questions
Force and Motion

Interactive video
•
4th Grade - University
36 questions
Unit 5 Key Terms

Quiz
•
11th Grade - University
7 questions
Figurative Language: Idioms, Similes, and Metaphors

Interactive video
•
4th Grade - University
15 questions
Properties of Equality

Quiz
•
8th Grade - University
38 questions
WH - Unit 3 Exam Review*

Quiz
•
10th Grade - University
21 questions
Advise vs. Advice

Quiz
•
6th Grade - University
12 questions
Reading a ruler!

Quiz
•
9th Grade - University