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BBA Cost Accounting MCQs – Mock Test 16

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Curves & Nonlinear Cost Function MCQ – Mock Test 16 PDF Download

MCQ 76: A concept used to define the learning curve in broader application is called:

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

MCQ 77: If the total revenue is $9000, the total variable cost is $2000, then the contribution margin will be:

  1. $11,000
  2. −$7000
  3. $4,500
  4. $7,000

MCQ 78: If the flexible budget variance is $105000, the actual cost is $65000 then the flexible budget cost will be:

  1. $40,000
  2. $50,000
  3. $150,000
  4. $170,000

MCQ 79: The cost incur for defective products, after their shipment to customers is classified as:

  1. prevention costs
  2. external failure costs
  3. appraisal costs
  4. internal failure costs

MCQ 80: The large residual term and negative slope of line indicate:

  1. inverse proportion
  2. direct proportion
  3. badness proportions
  4. goodness proportion

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