Costing - Study Mode

[#51] What is the effect of increase in fixed cost?
Correct Answer

(B) Raises break-even point

[#52] The per unit expense of the . . . . . . . . portion factory overhead varies with the volume of production while . . . . . . . . portion remains the same with volume.
Correct Answer

(A) fixed, variable

[#53] Which of the following is not included in estimating after tax incremental operating cash flows, for a project?
Correct Answer

(C) Sunk cost

[#54] Study the following statements and mark your answers: Wage Incentive Plans have the following objects: I. Increasing worker's morale II. Lowering unit cost III. Lowering capital cost IV. Lowering depreciation charges
Correct Answer

(B) I and II are correct

[#55] Material control aims at achieving effective . . . . . . . .
Correct Answer

(A) material management