A. time horizons are long
B. time horizons are short
C. time horizons are irrelevant
D. time horizons are relevant
Related Mcqs:
- In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as _________?
A. demand allocation base
B. supply allocation base
C. cost allocation base
D. price allocation base - If the selling price is $5000, variable manufacturing cost per unit is $1500 and variable marketing cost per unit is $500, then contribution margin per unit will be __________?
A. $7,000
B. $3,000
C. $4,000
D. $5,000 - If the variable cost per unit is $25 and the quantity of units sold is 5000, then the total variable cost would be __________?
A. $155,000
B. $125,000
C. $135,000
D. $145,000 - 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 - The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as __________?
A. absorption costing
B. variable costing
C. fixed costing
D. manufacturing cost - The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to _____________?
A. fixed margin per unit
B. variable margin per unit
C. contribution margin per batch
D. contribution margin per unit - If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?
A. $4,000
B. $2,500
C. $1,000
D. $15,000 - An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as _____________?
A. manufacturing analysis method
B. price analysis method
C. unit analysis method
D. account analysis method - 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 - 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
Mcq Added by: Lubaba Zarshal