The cost which remains unchanged, in proportion to level the total volume of production is classified as _________?

Related Mcqs:

1. The lump sum cost that remains unchanged in total despite of changes in total volume is classified as __________?

   A. unchanged price
   B. unchanged cost
   C. fixed overhead cost
   D. variable overhead cost

2. The cost which is changed in proportion to level the total volume is ___________?

   A. fixed cost
   B. variable cost
   C. total cost
   D. infeasible cost

3. The component of total cost, which never changes with change in level of production is classified as _________?

   A. fixed cost
   B. constant
   C. variable
   D. both a and b

4. The budgeted total cost in indirect cost pool, is divided by budgeted total quantity of the cost allocation base, is calculated by _________?

   A. budgeted direct cost rate
   B. budgeted indirect cost rate
   C. expected indirect cost rate
   D. direct budget percentage

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. The cause and effect relationship that exists between change in total cost level and change in level of activity, is measured with the help of ___________?

   A. production driver
   B. cost driver
   C. price driver
   D. estimation driver

8. In production, the variables such as level of activity or volume of company activity are known as ________?

   A. cost drivers
   B. timed drivers
   C. variable drivers
   D. fixed drivers

9. If the total incurred cost in a production process are $30000 and the number of output units are 5000 units, then the units cost will be __________?

   A. $16
   B. $60
   C. $6
   D. $26

10. The costs that are unavoidable and remain unchanged no matter what done are classified as

    A. sunk costs
    B. bunked costs
    C. unrecorded costs
    D. recorded costs