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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

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

View solution

Q. If the final sales are $50000 and the separable costs are $35000, then the net realizable value will be

View solution

Q. The joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as

View solution