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Cost Accounting
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Cost Accounting
If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be
0.5063
0.4633
2.16
0.5367
Author:
rikazzz
Comment
Cost Accounting
A collection of individual costs within a single heading is known as:
Cost center
Overhead center
Cost total
Cost pool
Author:
rikazzz
Comment
Cost Accounting
If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be
$15,000
$13,000
$11,000
$9,000
Author:
rikazzz
Comment
Cost Accounting
Direct material opening inventory plus net purchases is called:
Material consumed
Material available for use
Total material purchased
Material ending inventory
Author:
rikazzz
Comment
Cost Accounting
_____ System applies when standardized are produced under a series of inter-connected operations.
Process costing
Job order costing
Standard costing
Indirect costing
Author:
rikazzz
Comment
Cost Accounting
If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be
$4,500
$3,500
$2,500
$1,500
Author:
rikazzz
Comment
Cost Accounting
As compared to irrelevant cost, the occurrence of relevant costs must
have high correlation
be in future
be in past
be zero correlated
Author:
rikazzz
Comment
Cost Accounting
The goodness of fit is used to measure the wellness of
actual values
predicted values
residual values
indexed values
Author:
rikazzz
Comment
Cost Accounting
If the breakeven revenue is $360000 and the revenue per bundle is $12000, then the number of bundles to be sold to breakeven can be
52 bundles
48 bundles
45 bundles
30 bundles
Author:
rikazzz
Comment
Cost Accounting
An example of customer perspective in balanced scorecard is
employee turnover rates
operating capabilities and number of patents
operating income and revenue growth
customer satisfaction and market share
Author:
rikazzz
Comment
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