Regression Line MCQs with Answers PDF Download – Test 58

MCQ 286: The percentage of variation in the 'Y' explained by the 'X' is measured by:

1. coefficient of residual
2. coefficient of prediction
3. coefficient of determination
4. coefficient of index

MCQ 287: An efficiency variance is 200 units and the actual input quantity is 500 units, then the budgeted input quantity will be:

1. 300 units
2. 700 units
3. 800 units
4. 500 units

MCQ 288: If an overhead cost of operating a machine is $500000 for 1000 hours, then the cost allocation rate will be:

1. $1500 per machine hour
2. $250 per machine hour
3. $500 per machine hour
4. $1000 per machine hour

MCQ 289: Another name of super-variable costing is:

1. throughput costing
2. unit costing
3. batch costing
4. manufacturing costing

MCQ 290: If the budget sales units are 5000, the ending inventory is 4000 units and the beginning inventory is 1000, then the budget production will be:

1. 4000 units
2. 5000 units
3. 8000 units
4. 10000 units