Cost Based Pricing MCQs Questions and Answers PDF Book Download

Cost based pricing multiple choice questions (MCQs), cost based pricing quiz answers to learn accounting courses online. Cost management and pricing decisions MCQs, cost based pricing quiz questions and answers for online college business degree. Learn product budgeting life cycle and costing, target costing and target pricing, pricing strategies, cost based pricing test prep for accounting certifications.

Learn cost management and pricing decisions test MCQs: pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as, with choices product life cycle method, life cycle budgeting method, life cycle costing method, and time and material method for online college business degree. Practice assessment test for scholarships, online learning cost based pricing quiz questions for competitive assessment in business majors for finance certifications. Cost Based Pricing Video

MCQ on Cost Based PricingQuiz Book 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