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CIMA Management Level Job Order Costing — practice questions

Explore 21 free Job Order Costing questions in CIMA Management Level Accounting. Each question opens with answer choices, the correct answer and a worked solution.

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Job Order Costing MCQs with answers

Showing questions 1–21 of 21.

A contractor builds one custom deck designed for a single client's garden. Costs are best traced using:Read the answer and worked solution →A cereal plant runs the same recipe continuously through the same departments. Its costs are best traced using:Read the answer and worked solution →A tax firm prepares a different return for every client and tracks costs client by client. It uses a:Read the answer and worked solution →The three product costs of any manufactured item are direct materials, manufacturing overhead and direct:Read the answer and worked solution →Direct materials plus direct labour together are known as:Read the answer and worked solution →Direct labour plus manufacturing overhead together are known as:Read the answer and worked solution →Wood used to build a chair can be traced straight to that chair, so it counts as a direct:Read the answer and worked solution →Glue, stain and nails used in a furniture factory are treated instead as indirect:Read the answer and worked solution →The wage of a factory floor supervisor who oversees several jobs is treated as indirect:Read the answer and worked solution →A worker assembling parts on the factory floor has wages recorded as direct:Read the answer and worked solution →Salaries of staff in the marketing department are treated not as product cost but as sales and:Read the answer and worked solution →A record that gathers the materials, labour and overhead for one particular job is a job cost:Read the answer and worked solution →Product costs sit in inventory and only become an expense in the period when the job is:Read the answer and worked solution →A finished sign made in March is still unsold at the year end. Its production cost sits in:Read the answer and worked solution →Manufacturing overhead has three components: indirect materials, other overhead and indirect:Read the answer and worked solution →A firm estimates overhead of 400,000 and direct labour of 200,000. Applied overhead per labour dollar is:Read the answer and worked solution →A rate set before the year begins and left unchanged through it is the predetermined overhead:Read the answer and worked solution →Direct labour hours, direct labour dollars and machine hours are all used as an allocation:Read the answer and worked solution →The overhead figure worked out during the budgeting process, before the year starts, is described as:Read the answer and worked solution →A firm mass produces a part but assembles custom units from it, so it uses a costing system that is:Read the answer and worked solution →A job order system costs more to run than a process system because it tracks costs for each:Read the answer and worked solution →

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