The third step in estimation of cost function, by using quantitative analysis is collection of data for Options: A . &nbspcost and cost object B . &nbspprice and cost driver C . &nbspdependent variable and cost driver D . &nbspindependent variable and cost driver

The third step in estimation of cost function, by using quantitative analysis is

Question

The third step in estimation of cost function, by using quantitative analysis is collection of data for

Options:

A . cost and cost object

B . price and cost driver

C . dependent variable and cost driver

D . independent variable and cost driver

Answer: Option C
Answer: (c).dependent variable and cost driver

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Question 1. If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be....

Question 2. In plotting of cost functions, the level of activities according to which the charged cost is represented on....

Question 3. If the difference in costs is $32000 and the slope coefficient is 0.40, then difference in machine hours would be....

Question 4. The function used to measure decline in labor hours per unit as the units of production increases is called....

Question 5. If the difference in costs is $16000 and the slope coefficient is 0.40, then difference in machine hours would be....

Question 6. The first step in estimation of cost function by using quantitative analysis is to....

Question 7. Considering the relationship of variables, the relationship in which the activity cost is included in the dependent vari....dependent variable, which has similar cost driver is classified as

Question 8. The method which considers the lowest and highest values of cost driver and cost within relevant range is called....

Question 9. If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be....

Question 10. The vertical dashed line in graphical representation of cost function represents the....

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