An amount of available capacity other than employed capacity, to meet the customer’s demand, is classified as _________?

Related Mcqs:

1. The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as ____________?

   A. reduced work
   B. spoilage
   C. rework
   D. scrap

2. The measuring of capacity levels, in terms of practical and theoretical capacity is classified as _________?

   A. capacity write down
   B. capacity write up
   C. capacity supplied
   D. capacity borrowed

3. The capacity utilization of the business, to satisfy average customer demand over a specific period of time is classified as ____________?

   A. seasonal capacity utilization
   B. normal capacity utilization
   C. standard capacity utilization
   D. theoretical capacity utilization

4. The measuring of capacity in terms of normal capacity utilization is also termed as __________?

   A. output demanded
   B. input demanded
   C. capacity supplied
   D. capacity borrowed

5. The difference between master budget capacity and practical capacity is considered as ________?

   A. normal used capacity
   B. unplanned and unused capacity
   C. planned unused capacity
   D. unplanned used capacity

6. If the capacity utilization and its cost are fixed in product costing, the capacity management is ___________?

   A. for short run
   B. for long run
   C. for one day
   D. for few days

7. The capacity level of operations which is less than theoretical capacity is considered as ___________?

   A. practical capacity
   B. theoretical costing
   C. standard capacity
   D. actual capacity

8. The recalculation of demand can be avoided, by using practical capacity while calculation of budgeted fixed manufacturing per unit cost as ___________?

   A. denominator
   B. numerator
   C. multiplier
   D. equalizer

9. The capacity utilization of the business, to satisfy average customer’s demand, for current budget period of time is termed as ___________?

   A. master budget capacity utilization
   B. finite cost utilization
   C. infinite cost utilization
   D. infinite budget capacity utilization

10. In accounting, the possibility of deviation of actual amount from an expected amount is classified as ___________?

    A. contribution
    B. certainty
    C. uncertainty
    D. margin