BBA Cost Accounting Competitive Exam MCQs – Practice Test 21 (Chapter 11)

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Cost Function & Behavior MCQs – Practice Test 21 PDF Download

MCQ 101: The learning curve models include:

cumulative average time learning model
incremental unit time learning model
incremental production learning model
both a and b

MCQ 102: For slope coefficient b, the value of the estimated coefficient is considered as:

d-value
c-value
t-value
b-value

MCQ 103: If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be:

$800
$400
$300
$600

MCQ 104: The cause and effect relationship between activity and costs is the result of:

contractual agreement
knowledge of operations
measureable unit relationship
all of above

MCQ 105: If the difference in costs is $9000 and the difference in machine hours is $15000, then slope coefficient would be:

1.24
0.24
0.6
1.667

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