Quality: Competitive Tool MCQ with Answers PDF Download – Test 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
4. business process quality

MCQ 297: The standard cost of allocation base, allowed to output achieved, is multiplied to standard variable overhead rate is to calculate:

1. indirect manufacturing overhead cost
2. direct manufacturing overhead cost
3. fixed manufacturing overhead cost
4. variable manufacturing overhead cost

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