If the cost base is $350 and the markup component is 11% then prospective selling price will be __________?

Related Mcqs:

1. 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

2. If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be ____________?

   A. $87,500
   B. $97,500
   C. $67,500
   D. $57,500

3. If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be __________?

   A. $45,000
   B. $55,000
   C. $75,000
   D. $65,000

4. In value chain analysis, the selling and promotion to prospective customers is classified as ___________?

   A. researching
   B. marketing
   C. acquaintance
   D. usefulness

5. If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?

   A. $20,000
   B. $76,000
   C. $86,000
   D. $96,000

6. If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be __________?

   A. 67.30%
   B. 87.31%
   C. 55.50%
   D. 45.50%

7. If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be __________?

   A. 69.72%
   B. 79.72%
   C. 99.75%
   D. 89.72%

8. For increasing sales, the decrease in selling price, below the selling price list is known as _________?

   A. partial discount
   B. corporate discount
   C. treasury discount
   D. price discount

9. For increasing sales, the decrease in selling price, below the selling price list is known as ____________?

   A. partial discount
   B. corporate discount
   C. treasury discount
   D. price discount

10. An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate _____________?

    A. profit variance
    B. investment variance
    C. cost variance
    D. selling price variance