In manufacturing companies, the revenue and cost drivers are categorized under ____________?

Related Mcqs:

1. The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be _________?

   A. $27,000
   B. $13,000
   C. $130,000
   D. $29,500

2. If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under ____________?

   A. lesser effective
   B. greater efficiency
   C. smaller efficiency
   D. greater effective

3. 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

4. The method of estimation of cost function, by making the opinions and analysis about cost and cost drivers is classified as ______?

   A. conference method
   B. inference method
   C. pricing method
   D. manufacturing method

5. In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as ___________?

   A. non homogeneous relationship
   B. homogeneous relationship
   C. an internal relationship
   D. an extreme relationship

6. The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be ____________?

   A. $47,000
   B. $33,000
   C. $57,000
   D. $18,000

7. The fixed budgeted manufacturing cost is $45000 and the budgeted production units are 900, then budgeted fixed manufacturing cost per unit will be ____________?

   A. $200
   B. $150
   C. $50
   D. $100

8. If the manufacturing cycle efficiency is 0.725 and the total manufacturing time is 45 minute, then the value added manufacturing time will be _________?

   A. 42.625
   B. 36.724
   C. 32.625
   D. 41.625

9. If the value added manufacturing time is 65 minutes, the total manufacturing time is 80 minutes, then the manufacturing cycle time will be _________?

   A. 0.8125
   B. 0.6125
   C. 0.9125
   D. 1.725

10. If the fixed budgeted manufacturing cost is $35000 and the budgeted production units are 7000, then budgeted fixed manufacturing cost per unit will be ___________?

    A. $20
    B. $5
    C. $10
    D. $15