In plotting the cost functions, the number of machine hours and batches are represented on ___________?

Related Mcqs:

1. In plotting of cost functions, the level of activities according to which the charged cost is represented on ____________?

   A. x-axis
   B. y-axis
   C. unit axis
   D. term axis

2. If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be ____________?

   A. $800
   B. $400
   C. $300
   D. $600

3. If the difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be __________?

   A. $1,200
   B. $1,400
   C. $1,600
   D. $1,800

4. If the difference between costs linked to highest and lowest observation of cost driver, is $8000 and observation of cost driver is 40 machine hours, then slope coefficient will be _____________?

   A. $16,000
   B. $200
   C. $400
   D. $20,000

5. A cost, consists of some fixed and some variable cost with respect to machine setup hours is termed as _________?

   A. setup cost
   B. batch cost
   C. facility cost
   D. lump sum cost

6. If an overhead cost of operating a machine is $500000 for 1000 hours, then the cost allocation rate will be ____________?

   A. $1500 per machine hour
   B. $250 per machine hour
   C. $500 per machine hour
   D. $1000 per machine hour

7. The slope coefficient is 0.75 and the difference in machine hours is $65000, then difference in cost would be ___________?

   A. $86,667
   B. $48,750
   C. $85,000
   D. $55,000

8. If the slope coefficient is 0.60 and the difference in machine hours is $50000, then difference in cost can be __________?

   A. $68,700
   B. $58,700
   C. $30,000
   D. $83,333.34

9. Considering dual rate method, if employees work for 8500 budgeted hours at $120 per hour, and work for 9500 actual hours at $110 per hour, then the total cost would be ____________?

   A. $2,078,000
   B. $3,078,000
   C. $2,065,000
   D. $3,065,000

10. If the difference in costs is $9000 and the difference in machine hours is $15000, then slope coefficient would be ___________?

    A. 1.24
    B. 0.24
    C. 0.6
    D. 1.667