Throughput Costing MCQ (Multiple Choice Questions) PDF - 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