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Cost Accounting
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Cost Accounting
If the sales budget variance is $47000 and the flexible budget amount is $77000, then the static budget amount will be
$144,000
$134,000
$124,000
$30,000
Author:
rikazzz
Comment
Cost Accounting
In variable costing, the variable manufacturing and fixed manufacturing cost focus on
distinction
similarities
increase in units
decrease in units
Author:
rikazzz
Comment
Cost Accounting
If the demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then the economic order quantity will be
678 packages
648 packages
658 packages
668 packages
Author:
rikazzz
Comment
Cost Accounting
Opportunity cost is an example of which of the following:
Sunk Cost
Irrelevant Cost
Relevant Cost
Period Cost
Author:
rikazzz
Comment
Cost Accounting
Which of the following organizations should not be advised to use service costing?
Distribution service
Hospital
Maintenance division of a manufacturing company
A light engineering company
Author:
rikazzz
Comment
Cost Accounting
The sales budget variance is subtracted from flexible budget amount to calculate
static budget amount
unstated amount
constant amount
variable amount
Author:
rikazzz
Comment
Cost Accounting
The master budget, which is based on the planned output level at the start of budget period is considered as
static budget
varied budget
marketing budget
methodological budget
Author:
rikazzz
Comment
Cost Accounting
The relevant ordering costs are added into relevant carrying costs to calculate
relevant total costs
contribution costs
throughput costs
optimized costs
Author:
rikazzz
Comment
Cost Accounting
The factor used to predict the dependent variable is named as
independent variable
function variable
evaluation variable
estimation variable
Author:
rikazzz
Comment
Cost Accounting
In variable costing, an effect on cost volume profit relationship is driven by
unit level of sales
unit level of production
unit level of inventory
unit dividends
Author:
rikazzz
Comment
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