A. cost representation
B. irrelevant range
C. relevant range
D. graphical representation
Related Mcqs:
- 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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% - 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% - 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
