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Subject - Accounting:

Financial Accounting

MCQ - 155-157

Question:

What would be the value of total factory cost, if the cost of material consumed during the month is $6,000, labor cost incurred is $2,000 and the factory over head cost is $2,500?

  1. $10,500
  2. $6,000
  3. $8,000
  4. $6,000

Correct Answer: A

Explanation:

Not required

Record Performance

355 MCQ for effective preparation of the test of Financial Accounting of Accounting section.

Read the MCQ statement: What would be the value of total factory cost, if the cost of material consumed during the month is $6,000, labor cost incurred is $2,000 and the fact .... st is $2,500? , keenly and apply the method you have learn through the video lessons for Financial Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 155-157.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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