A. to be implemented
B. based on current practice
C. based on past prices
D. based on sold quantity
Related Mcqs:
- The significant feature of Kaizen Budgeting is __________?
A. employee suggestion
B. customer suggestion
C. cost suggestion
D. price suggestion - 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 - In master budgeting, the cost drivers for manufacturing overhead costs are ___________?
A. direct manufacturing labor-hours
B. setup labor-hours
C. budgeted labor-hours
D. both a and b - The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. customer level indirect costs
B. customer level direct costs
C. corporate level direct costs
D. corporate level indirect costs - The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. customer level indirect costs
B. customer level direct costs
C. corporate level direct costs
D. corporate level indirect costs - An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?
A. variable batch costs
B. fixed batch costs
C. variable setup costs
D. fixed setup costs - An approach in which the company under-costs it’s one product and over-costs at least one product is classified as __________?
A. service-cost across subsidizing
B. product-price cross subsidizing
C. product-cost cross subsidizing
D. product cross subsidizing - The process of tracing the direct costs and allocation of indirect costs is known as __________?
A. cost assignment
B. direct assignment
C. indirect assignment
D. economic assignment - The costs which are related to different functions of the value chain of company, such as marketing and manufacturing costs are considered as __________?
A. value costs
B. future function costs
C. business function costs
D. sunk function costs - The relevant ordering costs are added into relevant carrying costs to calculate __________?
A. relevant total costs
B. contribution costs
C. throughput costs
D. optimized costs