DPA5023 : TOPIC MARGINAL & ABSORPTION COSTING

DPA5023 : TOPIC MARGINAL & ABSORPTION COSTING

9th Grade

15 Qs

quiz-placeholder

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DPA5023 : TOPIC MARGINAL & ABSORPTION COSTING

DPA5023 : TOPIC MARGINAL & ABSORPTION COSTING

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Medium

Created by

Mohd Ahmad

Used 125+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Marginal costing is known as Full Costing.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Total sales is derived from Selling Price Per Unit X Unit produced.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Cost per unit under Marginal Costing is higher than Absorption Costing

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Contribution margin can be derived from Absorption Costing

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Absorption costing is suitable for internal reporting.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Absorption Costing does complies with GAAP.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Marginal Costing only taken into account all variable production cost.

TRUE

FALSE

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