Cost Based Pricing MCQs Quiz Online PDF Download

Learn cost based pricing MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice cost management and pricing decisions multiple choice questions (MCQs), cost based pricing quiz questions and answers. GMAT test prep on value engineering, insurance and lock in costs, product budgeting life cycle and costing, cost based pricing tutorials for online masters in finance courses distance learning.

Study bachelors and masters in accounting degree MCQs: pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as, for online courses with choices product life cycle method, life cycle budgeting method, life cycle costing method, time and material method with online teacher help resources with study tests for teaching jobs and teaching strategies. Free skills assessment test is for online learn cost based pricing quiz questions with MCQs, exam preparation questions and answers for formative assessment of students with e-learning portal. Cost Based Pricing Video

MCQs on Cost Based PricingQuiz PDF Download

MCQ: Pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as

  1. product life cycle method
  2. life cycle budgeting method
  3. life cycle costing method
  4. time and material method

D

MCQ: If total production is 25000 units and target annual operating income is $300000, then target operating income per unit would be

  1. $15
  2. $12
  3. $16
  4. $18

B

MCQ: Target annual operating income is divided with invested capital to calculate

  1. target rate of return on investment
  2. operating income per unit
  3. operating cost per unit
  4. cost of goods sold

A

MCQ: If cost base is $350 and markup component is 11% then prospective selling price will be

  1. 388.5
  2. 350
  3. 362
  4. 368.5

A

MCQ: Product costing technique in which markup component is added into cost base, to set a target price is known as

  1. market based approach
  2. cost incurrence pricing
  3. cost plus pricing
  4. locked-in cost pricing

C