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Estimating Cost Functions Quiz Questions and Answers PDF Download eBook

Estimating Cost Functions quiz questions and answers, estimating cost functions MCQs with answers PDF 181 to practice accounting mock tests for online graduate programs. Practice Cost Function and Behavior quiz questions with answers, estimating cost functions Multiple Choice Questions (MCQ) for online accounting degree. Free estimating cost functions MCQs, budgets and budgeting cycle, sensitivity analysis and uncertainty, inventory costing: manufacturing companies, inventory types, inventoriable cost and period cost, estimating cost functions test prep for best online colleges for business administration.

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Quiz on Estimating Cost Functions PDF Download eBook

Estimating Cost Functions Quiz

MCQ: The cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with the help of

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

B

Inventory Types, Inventoriable Cost and Period Cost Quiz

MCQ: The supplies, plant maintenance, plant rent, plant insurance and cleaning labor come under the type of costs called

  1. labor costs
  2. factory overhead costs
  3. finished costs
  4. manufacturing costs

B

Inventory Costing: Manufacturing Companies Quiz

MCQ: If the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be

  1. $4,500
  2. $5,500
  3. $6,500
  4. $7,500

A

Sensitivity Analysis and Uncertainty Quiz

MCQ: The amount of money by which the total revenues exceed the breakeven revenues is classified as

  1. margin of safety
  2. margin of profit
  3. margin of loss
  4. margin of income

A

Budgets and Budgeting Cycle Quiz

MCQ: The fourth step in development of operating budget is to

  1. choose alternatives
  2. evaluate alternatives
  3. efficiency improvements
  4. predicted improvements

A