Costing MCQs
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Question 478medium
Cost that has elements of variable and fixed costs at same time is
Question 479hard
If difference in costs is $32000 and slope coefficient is 0.40, then difference in machine hours would be
Question 480medium
In plotting of cost functions, level of activities according to which charged cost is represented on
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Question 481hard
Function used to measure decline in labour hours per unit as units of production increases is called
Question 482hard
In linear cost function, which is y = a + bx, y is classified as
Question 483medium
In specification analysis, assumptions related to linearity states but linearity must be within
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Question 484hard
In regression analysis, if predicted cost value is 65 and observed cost value is 19 then disturbance term will be
Question 485hard
In adjustment issues of costing, database must consider wide range values of
Question 486hard
Method, which considers cost and cost drivers of departments such as employee relations and process engineering is termed as