In costing and budgeting hierarchy, an example of product sustaining cost is __________?

Related Mcqs:

1. The costing technique, which classify all the activities in costing hierarchy is classified as ____________?

   A. activity based costing B. non-financial costing C. profit costing D. lump sum costing...

2. The costing system, which is a combination of process costing and job costing system, is classified as __________?

   A. weighted costing system B. average costing system C. hybrid costing system D. double costing system...

3. The budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as ___________?

   A. anticipated budgeting B. number budgeting C. predict budgeting D. kaizen budgeting...

4. In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as __________?

   A. customer sustaining costs B. customer output unit-level costs C. customer batch-level costs D. corporate sustaining costs...

5. If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?

   A. production exceeds breakeven sales B. breakeven sales exceeds production C. price exceeds cost D. cost exceeds price...

6. The hierarchy which is based on different types of cost allocation and drivers, to categorize cost pool activity is classified as __________?

   A. cost hierarchy B. price hierarchy C. activity hierarchy D. purpose hierarchy...

7. In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as _________?

   A. customer sustaining costs B. customer output unit-level costs C. customer batch-level costs D. corporate sustaining costs...

8. The product costing technique in which markup component is added into cost base, to set a target price is known as __________?

   A. market based approach B. cost incurrence pricing C. cost plus pricing D. locked-in cost pricing...

9. An activity based costing hierarchy includes _____________?

   A. batch level B. output unit level C. facility and product sustaining D. all of above...

10. The variance which is included in absorption costing, but not in variable costing is classified as __________?

    A. production volume variance B. cost volume variance C. profit volume variance D. fixed cost variance...