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"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. Learn cost function and behavior questions and answers to improve problem solving skills for online business university. Curves & Nonlinear Cost Function Video

Curves and Nonlinear Cost Function Quiz

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

1. mixed curve
2. experience curve
3. discrete curve
4. fixed curve

B

Sales Mix and Sales Quantity Variances Quiz

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

1. \$8,000
2. \$80,000
3. \$62,000
4. \$35,000

A

Inventory Costing: Manufacturing Companies Quiz

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

1. distinction
2. similarities
3. increase in units
4. decrease in units

B

Process Costing System Quiz

MCQ: The second step in processing costing system is to

1. summarize total costs
2. compute cost for each equivalent unit
3. summarize flow of output
4. compute output in units

D

Breakeven Point and Target Income Quiz

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

1. percentage price
2. margin price
3. contribute price
4. selling price

D