Types of Costs MCQs Quiz Online PDF Download

Practice types of costs MCQs, marketing principles MCQ test for online learning. Pricing capturing customer value quiz has multiple choice questions (MCQ), types of costs quiz questions and answers to practice as sum of variable costs and fixed costs is called, answer key help with choices as total costs, overhead costs, markup costs and both a and b problem solving for viva, competitive exam preparation, interview questions. Free study guide is for online learning types of costs quiz with MCQs to practice test questions with answers.

MCQs on Types of Costs Quiz PDF Download

MCQ. The sum of variable costs and fixed costs is called

  1. total costs
  2. overhead costs
  3. markup costs
  4. both a and b

A

MCQ. The kind of cost which does not vary with the level of production of company or level of sales is classified as

  1. variable costs
  2. fixed costs
  3. total costs
  4. all of above

B

MCQ. If the variable cost is $40 for and the fixed cost is $20 then the total cost is

  1. $80
  2. $20
  3. $40
  4. $60

D

MCQ. The pricing strategy in which the company determines price it will make the targeted return is classified as

  1. target return pricing
  2. markup return pricing
  3. learning pricing
  4. marginal pricing

A

MCQ. If the fixed cost is $250000, variable cost is $30 and price is $40

  1. 40000
  2. 35000
  3. 30000
  4. 25000

D