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Cost Based Pricing MCQs Quiz Online PDF Download eBook

Solve Cost Based Pricing Multiple Choice Questions (MCQ), cost based pricing quiz answers PDF worksheet, cost accounting practice test for online degree programs. Learn cost management and pricing decisions Multiple Choice Questions and Answers (MCQs), "Cost Based Pricing" quiz questions and answers for online bachelor degree programs in business administration. Learn product budgeting life cycle and costing, target costing and target pricing, pricing strategies test prep for online BBA business administration.

"The pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as" Multiple Choice Questions (MCQ) on cost based pricing with choices product life cycle method, life cycle budgeting method, life cycle costing method, and time and material method for online bachelor degree programs in business administration. Practice cost based pricing quiz questions for merit scholarship test and certificate programs for online college courses for business management. Cost Based Pricing Video

MCQs on Cost Based Pricing PDF Download eBook

MCQ: The pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as

  1. product life cycle method
  2. life cycle budgeting method
  3. life cycle costing method
  4. time and material method

D

MCQ: If total production is 25000 units and target annual operating income is $300000, then target operating income per unit would be

  1. $15
  2. $12
  3. $16
  4. $18

B

MCQ: The target annual operating income is divided with invested capital to calculate

  1. target rate of return on investment
  2. operating income per unit
  3. operating cost per unit
  4. cost of goods sold

A

MCQ: If the cost base is $350 and the markup component is 11% then prospective selling price will be

  1. 388.5
  2. 350
  3. 362
  4. 368.5

A

MCQ: The product costing technique in which markup component is added into cost base, to set a target price is known as

  1. market based approach
  2. cost incurrence pricing
  3. cost plus pricing
  4. locked-in cost pricing

C