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MCQ: Relationship based on unrelated level of activity and past data of cost is measured with help of

1. cost estimation
2. price estimation
3. unit estimation
4. production estimation

A

MCQ: Slope coefficient of cost function is zero because it intersects the

1. x-axis at one
2. y-axis at constant
3. x-axis at constant
4. y-axis at one

B

MCQ: In plotting cost functions, number of machine hours and batches are represented on

1. unit axis
2. term axis
3. x-axis
4. y-axis

D

MCQ: In estimation of cost functions, variations in a single activity level represents the

1. related total costs
2. related fixed cost
3. related variable cost
4. related per unit cost

A

MCQ: Cost that has elements of variable and fixed costs at same time is

1. variable cost
2. mixed cost
3. semi variable cost
4. Both B and C

D