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Cost Accounting
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Cost Accounting
The high-low method is used for estimation of
linear coefficient
cost coefficient
slope coefficient
price coefficient
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Cost Accounting
The variance is solely because of the difference between budgeted quantity and the
flexible hours
actual cost
actual quantity
actual price
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rikazzz
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Cost Accounting
The cost of previous department is a part of
transferred-in costs
transferred-out costs
FIFO costs
LIFO costs
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rikazzz
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Cost Accounting
The difference between actual input variance and the budgeted input variance is called
price variance
actual output price
budgeted output price
actual selling price
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Cost Accounting
The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as
absorption costing
variable costing
fixed costing
manufacturing cost
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rikazzz
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Cost Accounting
Any output that has total positive sales is a
joint product
main product
product
all of above
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rikazzz
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Cost Accounting
The product which requires large amount of resources, but incur low per unit cost is classified as
product under costing
product over costing
expected under cost
expected over cost
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rikazzz
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Cost Accounting
In normal costing, an actual quantity of cost allocation used base is multiplied to budgeted fixed overhead rates to calculate the
indirect manufacturing overhead cost
direct manufacturing overhead cost
fixed manufacturing overhead cost
variable manufacturing overhead cost
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rikazzz
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Cost Accounting
The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate
fixed material price
variable materials price
fixed production units
budgeted production units
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rikazzz
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Cost Accounting
If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be
3
0.5003
0.7003
2
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rikazzz
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