BBA Cost Accounting MCQs – Practice Test 22 (Chapter 11)

Cost Function and Behavior MCQ with Answers PDF Download – Test 22

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Learn BBA Cost Accounting MCQ App (Android & iOS) with MCQ: "To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon"; with answers: unit of production, units of labor, time horizon, and units of inventory. Practice Contribution Margin versus Gross Margin Quiz Questions, download Apple Book (Free Chapter) for online knowledge growth.

Cost Function & Behavior MCQ – Practice Test 22 PDF Download

MCQ 106: To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon:

units of labor
unit of production
time horizon
units of inventory

MCQ 107: In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as:

demand allocation base
supply allocation base
cost allocation base
price allocation base

MCQ 108: The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as:

quantitative analysis method
qualitative analysis method
account analysis method
conference analysis method

MCQ 109: The third step in estimation of cost function, by using quantitative analysis is collection of data for:

cost and cost object
price and cost driver
dependent variable and cost driver
independent variable and cost driver

MCQ 110: If the residual error is 51 and the predicted cost value is 37, then the observed cost value will be:

Cost Function & Behavior MCQ App & e-Book – BBA Cost Accounting Entrance Exam

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