Throughput Costing MCQs with Answers PDF Download – Test 194

MCQ 966: If the direct material cost of sold goods is $4500 and revenues are $9000, then the contribution margin would be:

1. −$13500
2. $4,500
3. −$4500
4. $13,500

MCQ 967: The determined price at which the company expects to pay for every single unit is called:

1. standard price
2. input price
3. actual input
4. output price

MCQ 968: In the linear cost function, which is y = a + bx, the 'y' is classified as:

1. predicted fixed cost
2. predicted variable cost
3. predicted cost
4. predicted price

MCQ 969: The formal information systems, used in organizations to focus company's learning and attention, given to the most important strategic issues are known as:

1. interactive control system
2. belief systems
3. boundary systems
4. diagnostic control systems

MCQ 970: In the specification analysis, the assumptions related to linearity states but linearity must be within:

1. irrelevant range
2. relevant range
3. significant range
4. insignificant range