A. fixed cost function
B. variable cost function
C. step variable cost function
D. step fixed cost function
Related Mcqs:
- If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be _____________?
A. $9,650
B. $2,350
C. $3,750
D. $2,750 - The method which considers the lowest and highest values of cost driver and cost within relevant range is called ____________?
A. low high method
B. constant equation
C. variable equation
D. high low method - If the relevant incremental costs are $5000 and the relevant opportunity cost of invested capital is $2500, then the relevant inventory carrying costs would be ____________?
A. $7,500
B. $7,000
C. $6,500
D. $6,000 - The cost function, in which cost does not change with any change in level of activity is a part of __________?
A. step price functions
B. step object functions
C. step constant functions
D. step cost functions - If an average inventory is 2000 units, annual relevant carrying cost of each unit is $5, then the annual relevant carrying cost will be __________?
A. $5,000
B. $4,500
C. $5,500
D. $6,000 - If the demand in units are 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be __________?
A. $200
B. $190
C. $160
D. $180 - The relevant incremental costs are added into the relevant opportunity cost of capital to calculate ___________?
A. purchase order costs
B. relevant inventory carrying costs
C. irrelevant inventory carrying costs
D. relevant ordering costs - The cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with the help of ___________?
A. production driver
B. cost driver
C. price driver
D. estimation driver - The normal activity range in which there is relationship between activity and costs is classified as _____________?
A. relevant range
B. irrelevant range
C. cause range
D. effective range - The range in which relationship exists between level of activity or total cost is called ___________?
A. functional range
B. relevant range
C. unit range
D. related range
