To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon Options: A . &nbspunits of labor B . &nbspunit of production C . &nbsptime horizon D . &nbspunits of inventory

To decide whether the cost is variable cost or fixed cost with respect to some s

Question

To decide whether the cost is variable cost or fixed cost with respect to some specific activity depends upon

Options:

A . units of labor

B . unit of production

C . time horizon

D . units of inventory

Answer: Option C
Answer: (c).time horizon

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Question 1. The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is....between past data observations and cost functions is termed as

Question 2. In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as....

Question 3. If the residual error is 51 and the predicted cost value is 37, then the observed cost value will be....

Question 4. The third step in estimation of cost function, by using quantitative analysis is collection of data for....

Question 5. If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be....

Question 6. In plotting of cost functions, the level of activities according to which the charged cost is represented on....

Question 7. If the difference in costs is $32000 and the slope coefficient is 0.40, then difference in machine hours would be....

Question 8. The function used to measure decline in labor hours per unit as the units of production increases is called....

Question 9. If the difference in costs is $16000 and the slope coefficient is 0.40, then difference in machine hours would be....

Question 10. The first step in estimation of cost function by using quantitative analysis is to....

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