Inventory Costing: Manufacturing Companies Quiz Questions and Answers PDF - 113

MCQ 561: The fixed manufacturing cost under variable costing is

1. inventoriable
2. non-inventoriable
3. high dividend
4. low dividend

MCQ 562: In regression analysis, if the observed cost value is 62 and predicted cost value is 29, then the disturbance term would be

1. 33
2. 91
3. 81
4. 43

MCQ 563: When prices fall, the decrease in demand for the product when the competitors' prices are not met will be called

1. downward supply spiral
2. upward supply spiral
3. downward demand spiral
4. upward demand spiral

MCQ 564: The difference between variable cost per unit and the selling price can be classified as

1. contribution margin per unit
2. variable margin per unit
3. selling margin per unit
4. sale per unit

MCQ 565: The factors that accelerate the process of refining a costing system include

1. increase in product diversity
2. increase in indirect costs
3. product market competitions
4. all of above