The vertical dashed line in graphical representation of cost function represents the ________?

Related Mcqs:

1. The graphical representation of cost driver data and costs are considered as ___________?

   A. plotting the data
   B. plotting the costs
   C. plotting the cost drivers
   D. plotting curved line

2. The cost function, in which the graph of total cost would not result in straight line is classified as _______?

   A. nonlinear cost function
   B. linear cost function
   C. linear price function
   D. nonlinear price function

3. The method of estimation of cost function, by making the opinions and analysis about cost and cost drivers is classified as ______?

   A. conference method
   B. inference method
   C. pricing method
   D. manufacturing method

4. A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as __________?

   A. variable technique
   B. least square technique
   C. indexed technique
   D. fixed technique

5. The deviations between estimated regression line and the vertical deviations are classified as ____________?

   A. fixed terms
   B. indexed terms
   C. variable terms
   D. residual terms

6. A technique which minimizes sum of squared vertical difference, to determine the regression line is considered as _____________?

   A. negative square technique
   B. positive square technique
   C. least square technique
   D. most square technique

7. If the cost of indirect support labor is $5000, equipment maintenance setup cost is $7000 and machinery leasing cost is $4000 then variable fixed cost will be ___________?

   A. $16,000
   B. $12,000
   C. $18,000
   D. $21,000

8. If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be __________?

   A. 67.30%
   B. 87.31%
   C. 55.50%
   D. 45.50%

9. If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be __________?

   A. 69.72%
   B. 79.72%
   C. 99.75%
   D. 89.72%

10. If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be ________?

    A. $48,000
    B. −$2000
    C. $2,000
    D. −$48000