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MBA Cost Accounting Practice Test 105

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## Estimating Cost Function using Quantitative Analysis Questions and Answers : MCQ 105

MCQ 521:

An estimation of relationship between one independent variable and the dependent variable is known as

1. simple regression
2. Two way regression
3. One variable series
4. multiple regression
MCQ 522:

The wages and other benefits, provided to assembly line workers and operators of machine are classified under the

1. work in process costs
2. finished costs
3. direct manufacturing labor costs
4. indirect manufacturing labor costs
MCQ 523:

The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as

1. designed-in costs
2. locked-in costs
MCQ 524:

The compelling strategic plan, promoting coordination and providing framework of performance are

MCQ 525:

In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate

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