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Cost Accounting Quizzes

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Curves and Nonlinear Cost Function Quiz Questions and Answers PDF p. 154

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Practice Curves and Nonlinear Cost Function quiz questions and answers, curves and nonlinear cost function MCQ with answers PDF 154 to solve Cost Accounting mock tests for online college programs. Solve Cost Function and Behavior MCQ questions bank, curves and nonlinear cost function Multiple Choice Questions (MCQ) for online college degrees. "Curves and nonlinear cost function Quiz" PDF book: breakeven point and target income, process costing system, inventory costing: manufacturing companies, sales mix and sales quantity variances, curves and nonlinear cost function test prep for online schools for business management.

"The function which is used to measure the decline in per unit cost of different business functions is classified as", curves and nonlinear cost function Multiple Choice Questions (MCQ) with choices experience curve, mixed curve, discrete curve, and fixed curve for online college courses. Practice cost function and behavior questions and answers to improve problem solving skills for online business university.

Quiz on Curves & Nonlinear Cost Function

1.

The function which is used to measure the decline in per unit cost of different business functions is classified as

mixed curve
experience curve
discrete curve
fixed curve

2.

If the budgeted contribution margin for budgeted and actual sales mix are $35000 and $27000, then the sales mix variance will be

$8,000
$80,000
$62,000
$35,000

3.

In variable costing, the variable manufacturing and fixed manufacturing cost focus on

distinction
similarities
increase in units
decrease in units

4.

The second step in processing costing system is to

summarize total costs
compute cost for each equivalent unit
summarize flow of output
compute output in units

5.

The contribution margin per unit is divided by contribution margin percentage to calculate

percentage price
margin price
contribute price
selling price

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