Estimating Costs MCQs Quiz Online PDF eBook Download

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Practice estimating costs MCQ: Considering accumulated production experience, decreasing in average cost is classified as, with choices experience curve, learning curve, observational curve, and both a and b for business admin degree online. Practice merit scholarships assessment test, online learning estimating costs quiz questions for competitive exams in business majors for online schools for business management.

MCQs on Estimating Costs PDF eBook Download

MCQ: Considering accumulated production experience, the decreasing in average cost is classified as

  1. experience curve
  2. learning curve
  3. observational curve
  4. both A and B

D

MCQ: Floor of the product's price is set with the help of

  1. supply
  2. cost
  3. discount and allowance
  4. demand

B

MCQ: Overhead costs are also known as

  1. employees' salaries
  2. labor wages
  3. fixed costs
  4. variable costs

C

MCQ: If the fixed cost is $18000 and the variable cost is $16000 then the total cost is

  1. $18,000
  2. $16,000
  3. $340,000
  4. $34,000

D

MCQ: Cost of products that fluctuate with the level of production are classified as

  1. total costs
  2. augmented costs
  3. variable costs
  4. fixed costs

C