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# Cost Allocation Online Exam Quiz

Important questions about Cost Allocation. Cost Allocation MCQ questions with answers. Cost Allocation exam questions and answers for students and interviews.

### The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as

Options

A : a. sales mix variance

B : b. sales volume variance

C : c. flexible budget variance

D : d. static budget variance

### In corporate costs, the costs incur for employee recruitment, development and training are classified as

Options

A : a. discretionary costs

B : b. human resource management costs

C : c. corporate administration costs

D : d. treasury costs

### In customer cost hierarchy, the cost of activities related to specific channel of distribution is classified as

Options

A : a. discretionary channel costs

B : b. corporate-sustaining costs

C : c. distribution-channel costs

D : d. engineered resource costs

Options

A : a. \$6,200

B : b. \$1,700

C : c. \$17,000

D : d. \$4,500

### The difference between corresponding static budget and flexible budget amount is called

Options

A : a. sales volume variance

B : b. sales mix variance

C : c. sales quantity variance

D : d. market share variance

### The difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called

Options

A : a. sales quantity variance

B : b. cost mix variance

C : c. volume mix variance

D : d. sales mix variance

### The executive salaries, rent and other general administration cost in corporate costs are classified under

Options

A : a. human resource management costs

B : b. corporate administration costs

C : c. treasury costs

D : d. discretionary costs

Options

A : a. \$6,500

B : b. \$6,600

C : c. \$6,700

D : d. \$6,800

### The difference between static budget amount and the flexible budget amount is named as

Options

A : a. sales mix variance

B : b. sales volume variance

C : c. flexible budget variance

D : d. static budget variance

### The corporate sustaining costs and distribution channel costs are also classified as

Options

A : a. indirect costs

B : b. variable costs

C : c. fixed costs

D : d. direct costs

### In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified as

Options

A : a. customer sustaining costs

B : b. customer output unit-level costs

C : c. customer batch-level costs

D : d. corporate sustaining costs

Options

A : a. \$2,500

B : b. \$5,500

C : c. \$3,500

D : d. \$2,000

Options

A : a. \$7,500

B : b. \$6,500

C : c. \$1,000

D : d. \$10,000

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

Options

A : a. partial discount

B : b. corporate discount

C : c. treasury discount

D : d. price discount

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

Options

A : a. customer level indirect costs

B : b. customer level direct costs

C : c. corporate level direct costs

D : d. corporate level indirect costs

Options

A : a. \$8,000

B : b. \$80,000

C : c. \$62,000

D : d. \$35,000

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

Options

A : a. treasury costs

B : b. discretionary costs

C : c. human resource management costs

D : d. corporate administration costs

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

Options

A : a. sales mix variance

B : b. sales volume variance

C : c. flexible budget variance

D : d. static budget variance

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

Options

A : a. partial productivity analysis

B : b. treasury cost analysis

C : c. customer profitability analysis

D : d. customer cost analysis

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

Options

A : a. indirect cost

B : b. partial cost

C : c. benchmark cost

D : d. direct cost