Target Costing and Target Pricing Multiple Choice Questions (MCQ) PDF - 120

MCQ 596: An income, which a company aims to earn by selling each unit of market offering is classified as

1. target operating income per unit
2. target cost per unit
3. total current full cost
4. total cost per unit

MCQ 597: The systematic evaluation of value chain, to reduce costs and high quality, to achieve satisfied customers is known as

1. reverse engineering
2. value engineering
3. target engineering
4. operation engineering

MCQ 598: The flexible budget variance is subtracted from actual cost to calculate

1. flexible budget cost
2. flexible investment cost
3. static budget cost
4. static variable cost

MCQ 599: If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be

1. $4,500
2. $3,500
3. $2,500
4. $1,500

MCQ 600: In adjustment issues of costing, the database must contain reliable measure of

1. fixed cost driver
2. cost driver and cost
3. cost driver and object
4. mixed cost driver