Customer Revenues and Costs Quiz with Answers PDF Download – Test 129

MCQ 641: In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified as:

1. customer sustaining costs
2. customer output unit-level costs
3. customer batch-level costs
4. corporate sustaining costs

MCQ 642: The statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called:

1. times series method
2. time horizon method
3. aggression method
4. regression method

MCQ 643: If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be:

1. $19,500
2. $30,500
3. $45,500
4. $22,500

MCQ 644: The cost pool category, which have the similar cause and effect relationship, with each cost driver uses as an allocation base is classified as:

1. heterogeneous price pool
2. homogenous cost pool
3. heterogeneous cost pool
4. homogenous price pool

MCQ 645: If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be:

1. $20,000
2. $76,000
3. $86,000
4. $96,000