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MBA Cost Accounting Practice Test 60

# Quality: Competitive Tool Multiple Choice Questions (MCQ) PDF - 60

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## Quality: Competitive Tool Questions and Answers : Quiz 60

MCQ 296:

A product performance in comparison to its features and design is classified as

1. learning quality
2. design quality
3. conformance quality
MCQ 297:

The standard cost of allocation base, allowed to output achieved, is multiplied to standard variable overhead rate is to calculate

MCQ 298:

An insensitivity of demand in relevance to change in price will be called

1. demand elasticity
2. price elasticity
3. price inelasticity
4. demand inelasticity
MCQ 299:

The sales budget variance is subtracted from flexible budget amount to calculate

1. static budget amount
2. unstated amount
3. constant amount
4. variable amount
MCQ 300:

The contribution per unit is \$1200 and the number of units sold is \$80, then the contribution margin would be

1. \$9,650
2. \$96,000
3. \$15
4. \$9,600