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Cost Behaviors Quiz 2 (25 MCQs)

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1. Straight-line depreciation on factory building.
2. When a cost changes in total in direct proportion to changes in volume it is
3. FIND THE TOTAL OF FIXED COST:At 3, 500 units the total cost is £ 24, 000At 6, 000 units the total cost is £ 34, 000
4. Compute variable cost per unit
5. Variable costs are _____
6. If a firm increases its activity level,
7. As volume decrease, total fixed cost _____
8. As volume decreases, total fixed costs
9. FIND THE VARIABLE COST PER UNIT:at 4, 000 units total cost = £ 31, 000at 5, 500 units total cost = 340, 000
10. Below is the method used to segregate mixed cost, except _____
11. THE PRODUCTION LEVEL IS 35000 unitsdirect raw material= RM 109000direct labour =RM 83000indirect wages = RM 3000factory's electric = RM 9000determine the cost function
12. Examples related to the fixed cost
13. The direct cost is classified as a (n)
14. Fixed costs per unit
15. The following is assumptions in Cost Volume Profit (CVP) analysis EXCEPT
16. Total cost($ ):250k, 312k, 400kActivity level(unit):5k, 7.5k, 10kUsing the high-low method, what is the variable cost per unit?
17. Identify mixed cost
18. When a cost changes in total in direct proportion to changes in volume/unit, it is
19. In the linear equation y=a+bx, what is the variable cost per unit?
20. Teak Furniture Corporation incurred the following costs. Wood used in the production of furniture _____
21. _____ is constant regardless of activity level, variable costs change proportionately with output and mixed costs are a combination of both.
22. Cost-volume-profit analysis assumes that over the relevant range, total
23. When there is no production, the total manufacturing cost is equal to _____
24. Contribution Margin:
25. Cost behavior analysis is a study of how a firm's costs
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