In step cost functions, the cost is increased by ____________?

Related Mcqs:

1. The step by step business functions, in which product or services must have customer usefulness, is classified as ___________?

   A. value chain
   B. useful chain
   C. product chain
   D. services chain

2. In plotting of cost functions, the level of activities according to which the charged cost is represented on ____________?

   A. x-axis
   B. y-axis
   C. unit axis
   D. term axis

3. The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as ___________?

   A. quantitative analysis method
   B. qualitative analysis method
   C. account analysis method
   D. conference analysis method

4. If the cost of indirect support labor is $5000, equipment maintenance setup cost is $7000 and machinery leasing cost is $4000 then variable fixed cost will be ___________?

   A. $16,000
   B. $12,000
   C. $18,000
   D. $21,000

5. 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%

6. 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%

7. If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be ____________?

   A. $59,000
   B. $25,000
   C. $15,000
   D. $39,000

8. 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

9. In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through _______________?

   A. price index
   B. cost index
   C. profit index
   D. cost driver index

10. To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon ___________?

    A. units of labor
    B. unit of production
    C. time horizon
    D. units of inventory