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Cost Accounting Quizzes

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Estimating Cost Functions Multiple Choice Questions PDF p. 5

Estimating Cost Functions multiple choice questions and answers, estimating cost functions quiz answers PDF 5 to study Cost Accounting course online. Cost Function and Behavior MCQ trivia questions, estimating cost functions Multiple Choice Questions (MCQ) for online college degrees. "Estimating Cost Functions " Book PDF: price and efficiency variance, inventory costing methods, estimating cost functions test prep for accredited online business management degree.

"A helpful technique, for accurate forecasts about costs to be incurred in future is a part of" MCQ PDF: production estimation, unit estimation, cost estimation, and price estimation for online schools for business administration. Learn cost function and behavior questions and answers to improve problem solving skills for online business and administration degree.

Estimating Cost Functions Questions and Answers MCQs

MCQ: A helpful technique, for accurate forecasts about costs to be incurred in future is a part of

unit estimation
production estimation
cost estimation
price estimation

MCQ: An approach used for choosing capacity level, having no beginning inventory, is classified as

write off variance approach
write in variance approach
adjusted variance approach
unadjusted variance approach

MCQ: If the actual input price is $150 and the budgeted input price is $80, then the price variance will be

$130
$70
$150
$80

MCQ: The difference between the budgeted amounts and the actual results is classified as

standard deviation
variances
mean average
weighted average

MCQ: The standard input allows one unit, to be divided by standard cost per output unit, for variable direct cost input to calculate

standard price per input unit
standard price per output unit
standard cost per input unit
standard cost per output unit