A. designed-in costs
B. locked-in costs
C. value added cost
D. both a and b
Related Mcqs:
- A helpful technique, for accurate forecasts about costs to be incurred in future is a part of ___________?
A. unit estimation
B. production estimation
C. cost estimation
D. price estimation - In accounting, the cost which is predicted to be incurred or future cost is known as ________?
A. past cost
B. incurred cost
C. actual cost
D. budgeted cost - The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. customer level indirect costs
B. customer level direct costs
C. corporate level direct costs
D. corporate level indirect costs - The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?
A. customer level indirect costs
B. customer level direct costs
C. corporate level direct costs
D. corporate level indirect costs - An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?
A. variable batch costs
B. fixed batch costs
C. variable setup costs
D. fixed setup costs - The costs that are incurred to prevent low quality goods production are classified as ___________?
A. costs of quality
B. costs of learning
C. costs of reengineering
D. costs of spoilage inventory - The incurred costs to exclude the production of goods, that do not meet the specification, are called ___________?
A. rework costs
B. prevention costs
C. incremental costs
D. reengineering costs - In corporate costs, the cost incurred to finance construction of new equipment are classified as ___________?
A. treasury costs
B. discretionary costs
C. human resource management costs
D. corporate administration costs - An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as ___________?
A. partial productivity analysis
B. treasury cost analysis
C. customer profitability analysis
D. customer cost analysis - The costs that are incurred in last department, where the product has been processed and will be carried to next department for further processing are called __________?
A. partial work costs
B. transferred-in costs
C. transferred-out costs
D. weighted average costs
