# Estimating Cost Functions Quiz Questions and Answers 5 PDF Download

Learn estimating cost functions quiz, online cost accounting test 5 for distance learning, online courses. Free accounting MCQs questions and answers to learn estimating cost functions MCQs with answers. Practice MCQs to test knowledge on estimating cost functions with answers, budgeting and responsibility accounting, price and efficiency variance, inventory costing methods, estimating cost functions test for online account manager courses distance learning.

Free estimating cost functions online course worksheet has multiple choice quiz question: a helpful technique, for accurate forecasts about costs to be incurred in future is a part of with choices unit estimation, production estimation, cost estimation and price estimation for online business manager interview questions and answers with BBA, MBA competitive exam tests, study cost function & behavior multiple choice questions based quiz question and answers. Estimating Cost Functions Video

## Quiz on Estimating Cost Functions Worksheet 5 Quiz PDF Download

Estimating Cost Functions Quiz

MCQ. A helpful technique, for accurate forecasts about costs to be incurred in future is a part of

- unit estimation
- production estimation
- cost estimation
- price estimation

C

Inventory Costing Methods Quiz

MCQ. An approach used for choosing capacity level, having no beginning inventory, is classified as

- write off variance approach
- write in variance approach
- adjusted variance approach
- unadjusted variance approach

A

Price & Efficiency Variance Quiz

MCQ. If actual input price is $150 and budgeted input price is $80, then price variance will be

- $130
- $70
- $150
- $80

B

Budgeting & Responsibility Accounting Quiz

MCQ. Difference between budgeted amounts and actual results is classified as

- standard deviation
- variances
- mean average
- weighted average

B

Price & Efficiency Variance Quiz

MCQ. Standard input allows one unit, to be divided by standard cost per output unit, for variable direct cost input to calculate

- standard price per input unit
- standard price per output unit
- standard cost per input unit
- standard cost per output unit

A