In operating income strategic analysis, the strategic component which measures change in cost attributed to price of input in current year, relative to price of input material in last year, can be classified as __________?

Related Mcqs:

1. In operating income strategic analysis, the strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as __________?

   A. internal process component
   B. growth component
   C. price recovery component
   D. productivity component

2. In operating income strategic analysis, a component which measures the change in operating income attributed to the change in output quantity is classified as ________?

   A. internal process component
   B. growth component
   C. price recovery component
   D. productivity component

3. If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be __________?

   A. $4,000
   B. $6,000
   C. $8,000
   D. $10,000

4. If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be ___________?

   A. $15,000
   B. $13,000
   C. $11,000
   D. $9,000

5. If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be __________?

   A. $4,500
   B. $3,500
   C. $2,500
   D. $1,500

6. Considering two fiscal years 2013 and 2014, an input price in 2013 and 2014 are $9 and $11 per unit respectively and input required units in 2013 to produce output in 2014 are 30000 units, then cost effect of price recovery will be ___________?

   A. $60,000
   B. $6,000
   C. $65,000
   D. $6,500

7. If an actual input price is $70 and the budgeted input price is $40, then the price variance will be ____________?

   A. $120
   B. $50
   C. $110
   D. $30

8. If the actual input price is $150 and the budgeted input price is $80, then the price variance will be ___________?

   A. $130
   B. $70
   C. $150
   D. $80

9. The number of units, must be sold to earn targeted operating income are calculated by dividing the total fixed cost operating income and ____________?

   A. marginal cost per unit
   B. variable cost per unit
   C. fixed cost per unit
   D. contribution margin per unit

10. If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be ___________?

    A. $23,800
    B. $11,200
    C. $12,200
    D. $13,200