Types of Costs MCQs Quiz Online PDF Download

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MCQs on Types of Costs Quiz PDF Download

MCQ: 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: Kind of cost which does not vary with 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 variable cost is $40 for and fixed cost is $20 then total cost is

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

D

MCQ: Pricing strategy in which company determines price it will make targeted return is classified as

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

A

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

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

D