A. prevention costs
B. external failure costs
C. appraisal costs
D. internal failure costs
Related Mcqs:
- The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called ____________?
A. spoilage
B. rework
C. scrap
D. equivalence - The incurred costs to exclude the production of goods, that do not meet the specification, are called ___________?
A. rework costs
B. prevention costs
C. incremental costs
D. reengineering costs - In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are
A. inventoriable costs
B. finished costs
C. factory overhead costs
D. manufacturing overhead costs - All the costs, which are assigned to manufactured products for specific calculations are classified as ___________?
A. contracting costs
B. product cost
C. government costs
D. marketing costs - The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. customer level indirect costs
B. customer level direct costs
C. corporate level direct costs
D. corporate level indirect costs - The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. customer level indirect costs
B. customer level direct costs
C. corporate level direct costs
D. corporate level indirect costs - An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?
A. variable batch costs
B. fixed batch costs
C. variable setup costs
D. fixed setup costs - In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified as ____________?
A. customer sustaining costs
B. customer output unit-level costs
C. customer batch-level costs
D. corporate sustaining costs - If the variable overhead flexible budget variance is $37000 and the flexible budget amount is $10000, then the actual incurred costs would be ____________?
A. $27,000
B. $25,000
C. $47,000
D. $57,000 - The costs that are incurred in last department, where the product has been processed and will be carried to next department for further processing are called __________?
A. partial work costs
B. transferred-in costs
C. transferred-out costs
D. weighted average costs
