A. market based approach
B. cost incurrence pricing
C. cost plus pricing
D. locked-in cost pricing
Related Mcqs:
- If the cost base is $350 and the markup component is 11% then prospective selling price will be __________?
A. 388.5
B. 350
C. 362
D. 368.5 - The target price is subtracted from per unit target operating income to calculate __________?
A. total current full cost
B. total cost per unit
C. target operating income per unit
D. target cost per unit - The costing system, which is a combination of process costing and job costing system, is classified as __________?
A. weighted costing system
B. average costing system
C. hybrid costing system
D. double costing system - If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?
A. $20,000
B. $76,000
C. $86,000
D. $96,000 - 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% - 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% - 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 __________?
A. internal process component
B. growth component
C. price recovery component
D. productivity component - The costing technique, which classify all the activities in costing hierarchy is classified as ____________?
A. activity based costing
B. non-financial costing
C. profit costing
D. lump sum costing - The costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as ______________?
A. constant costing
B. standard costing
C. unit costing
D. batch costing - An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then the variable overhead efficiency variance is ___________?
A. $39,000
B. $49,000
C. $59,000
D. $73,000