Target Costing and Target Pricing MCQ with Answers PDF Download – Test 88

MCQ 436: The target price is subtracted from per unit target operating income to calculate:

1. total current full cost
2. total cost per unit
3. target operating income per unit
4. target cost per unit

MCQ 437: The selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of:

1. target pricing
2. target costing
3. value engineering
4. all of above

MCQ 438: The time between a customer's order placement till the customer receives its delivery is known as:

1. manufacturing lead time
2. manufacturing cycle time
3. customer response time
4. system process time

MCQ 439: The experimentation and generation of ideas related to new product or services are included in:

1. addressing management
2. research and development
3. value development
4. service provider

MCQ 440: The description in mathematical form to represent changes in cost, with level of activity related to that cost is classified as:

1. cost function
2. revenue function
3. unit function
4. relative function