Ünite Sınavı Soruları

Which of the following is not one of the steps in process costing?

... is a derived measure of output that reflects the number of completed units that could be produced with the same quantity of input consumed for both finished goods and work-in-process inventories.

Which one of following correctly fills the blank?

To calculate the unit cost, there is a five-step procedure of process costing.

The steps are as follows:

1)Summarize the flow of physical units of output.The steps are as follows: 

2)Compute the cost per equivalent unit

3)Summarize the total cost to account for

4)Compute output in terms of equivalent units

5)Assign total cost to completed units and ending work-in-process inventory

Which two must change for the ranking to be correct?

In which costing method, all fixed costs are considered as period expenses?

1. It is also called as super variable costing.
2. It does not have widespread use in practice.
3. Only the direct material cost is the product cost, while all other manufacturing related expenditures are considered as period expenses to be reported in the income statement.

Which costing method by scope is defined above?

Which of the following is true about Activity-Based Costing System?

Which costing method accepts only direct costs as the product cost and all indirect costs are treated as period expenses?

Which of the following is not one of the costing methods based on the scope of product cost coverage?

Which of the following is a costing method by costing time?

Which costing method bases on the thought of "only the direct material cost is the product cost"?

What is the name given to a costing system that broadly averages or spreads the cost of resources uniformly to cost objects?

In which costing metod, product cost is calculated at year-end by using the cost data that incurred during the year?

"Peanut butter costing........................................."

Which of the following best completes the statement above?

Which one of the following is used to define the situation in which over-costing in one or more products results in under-costing in other products?

What contains information about the cost of direct materials used on a specific job and in a specific department?

Depending on the product type, managers can choose among different costing systems for assigning costs to products.

Which is one of them?

Which one of the following is the last step of the activity-based costing?

In.......................penditures for all manufacturing related factors are included in the
product cost.

Which of the following should come to the dotted place according to the whole sentence?

Which one of the following is a refined version of simple costing system, with increased number of cost pools and allocation bases?

Which is not a costing method?