What type of cost changes in total with changes in activity level?

Cost Behavior Quiz

Quiz
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Other
•
University
•
Hard
Nor Azlina
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fixed cost
Mixed cost
Variable cost
Sunk cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a cost driver?
Product color
Units produced
Brand value
Warranty period
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A variable cost per unit is:
Always increasing
Inversely proportional
Constant
Zero
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which cost remains constant in total regardless of activity level?
Variable
Mixed
Fixed
Marginal
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of cost contains both fixed and variable elements?
Stepped cost
Mixed cost
Direct cost
Opportunity cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company incurs RM4,800 in total cost for 600 machine hours and RM6,400 for 900 machine hours. Using the high-low method, what is the variable cost per machine hour?
RM4.00
RM5.33
RM3.20
RM2.67
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The 'relevant range' is best described as:
The most expensive activity level
The average cost range
The activity range where cost behavior assumptions hold
A forecasted expense zone
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