Cost Based Pricing MCQs Quiz Online PDF Download

Learn cost based pricing MCQs, cost accounting test for online learning courses, test prep to practice test. Cost management and pricing decisions quiz has multiple choice questions (MCQ), cost based pricing quiz questions and answers, 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.

Cost accounting practice test MCQ: pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as with options product life cycle method, life cycle budgeting method, life cycle costing method and time and material method with online teacher help resources with study tests for teaching jobs and teaching strategies. Free study guide is for online learning cost based pricing quiz with MCQs to practice test questions with answers. Cost Based Pricing Video

MCQs on Cost Based Pricing Quiz 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