Q. If the flexible budget amount is $7500 and the sales volume variance is $6500, then the static budget amount would be

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Q. For increasing sales, the decrease in selling price, below the selling price list is known as

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Q. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as

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Q. If the budgeted contribution margin for budgeted and actual sales mix are $35000 and $27000, then the sales mix variance will be

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Q. In corporate costs, the cost incurred to finance construction of new equipment are classified as

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Q. In the static budget, the difference between corresponding budgeted amount and actual result is called

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Q. An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as

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Q. The cost of particular cost object which cannot be traced in economically plausible way is termed as

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Q. The division of all the costs related to customers on the basis of different cost allocation bases or cost drivers are called

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Q. In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as

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Q. Which of the following do not include among major categories of corporate costs?

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Q. In customer cost hierarchy, the costs of those activities that cannot be traced to distribution channels or individual customers are called

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Q. If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be

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Q. In customer cost hierarchy, the costs of individual customer support activities are classified as

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Q. The first step in constant gross margin percentage, Net realizable value (NRV) method is to allocate joint, to compute

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Q. An additional cost, incurred for some specific activity to bring processed product on to next production stage is

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Q. A joint cost allocation method is based on relative value of total sales, at the point of split off is classified as

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Q. In a joint process of production, the product which yields low volume of sales as compared to total sales of other products, specify as

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Q. The difference between final sales value and separable costs is equal to

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Q. As compared to sale value of main products, the by-products have

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