BBA Finance Online Courses

MBA Cost Accounting Practice Tests

MBA Cost Accounting Online Tests

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Apps:

Free Cost Based Pricing Multiple Choice Questions (MCQ Quiz) with Answers (Cost Based Pricing MCQ PDF Book) download to learn accounting online courses. Practice Cost Management and Pricing Decisions Multiple Choice Questions and Answers (MCQs), Cost Based Pricing quiz answers PDF for online business accounting degree. The Cost Based Pricing MCQ App Download: Free learning app for value engineering, insurance and lock in costs, product budgeting life cycle and costing, cost based pricing test prep for online BBA business administration.

The MCQ: Pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as; "Cost Based Pricing" App Download (Free) with answers product life cycle method, life cycle budgeting method, life cycle costing method and time and material method for online business accounting degree. Study cost based pricing quiz questions, download Google eBook (Free Sample) for online college courses for business management.

## Cost Based Pricing MCQs: Questions and Answers

MCQ 1: 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

MCQ 2: 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

MCQ 3: 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

MCQ 4: 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

MCQ 5: 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

### Cost Based Pricing Learning App & Free Study Apps

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Cost Based Pricing App (Android & iOS)

Cost Accounting App (iOS & Android)

Business Statistics App (Android & iOS)

Marketing Management App (iOS & Android)