MBA Cost Accounting MCQs - Chapter 12

Cost Management and Pricing Decisions MCQ (Multiple Choice Questions) PDF - 6

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The MCQ: Product costing technique in which markup component is added into cost base, to set a target price is known as; "Cost Management and Pricing Decisions" App Download Android & iOS (Free) with answers cost incurrence pricing, market based approach, cost plus pricing and locked-in cost pricing to learn accounting certificate courses. Practice cost based pricing quiz questions, download Apple Book (Free Sample) for online bachelor's degree in business administration.

Cost Management & Pricing Decisions Questions & Answers PDF Download: MCQ Quiz 6

MCQ 26: The product costing technique in which markup component is added into cost base, to set a target price is known as

market based approach
cost incurrence pricing
cost plus pricing
locked-in cost pricing

MCQ 27: If the invested capital is $150000 and target rate of return on investment is 16%, then the targeted annual operating income would be

$27,000
$26,000
$24,000
$25,000

MCQ 28: In cost-plus pricing, the 'plus' refers to a component named as

off shore cost
markup
sunk cost
outsource cost

MCQ 29: The span time from initial research and development of product till support and customer service, if not offered for that particular product will be called

product life cycle
life cycle budgeting
life cycle costing
target costing

MBA Cost Accounting Mock Tests

Capacity Analysis and Inventory Costing MCQs

Decision Making Process and Information MCQs

Overhead Cost Variances and Management Control MCQs

Job Costing MCQs

Basics of Accounting MCQs

Flexible Budget and Management Control MCQs

Cost Function and Behavior MCQs

Flexible Budget: Overhead Cost Variance MCQs

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