BBA Cost Accounting MCQs – Practice Test 6 (Chapter 12)

Cost Management and Pricing Decisions MCQ with Answers PDF Download – Test 6

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Learn BBA Cost Accounting MCQ App (Android & iOS) with MCQ: "Product costing technique in which markup component is added into cost base, to set a target price is known as"; with answers: cost incurrence pricing, market based approach, cost plus pricing, and locked-in cost pricing. Practice Planning of Variable & Fixed Overhead Costs Quiz Questions, download Apple Book (Free Chapter) for virtual career growth.

Cost Management & Pricing Decisions MCQ – Practice Test 6 PDF Download

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

Cost Management & Pricing Decisions MCQ App & e-Book – BBA Cost Accounting Entrance Exam

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