Site MapHelpFeedbackIntroductory Multiple Choice Quiz
Introductory Multiple Choice Quiz
(See related pages)

1
When units produced increase, total variable costs………
(Learning Objective 1 Ch 5)
A)increase in proportion to the units produced
B)increase at a greater rate than units produced.
C)increase at a lesser rate than units produced.
D)stay the same
2
As production increases, total fixed costs ………
(Learning Objective 2 Ch 5)
A)increase in proportion to the units produced
B)increase at a greater rate than units produced
C)increase at a lesser rate than units produced
D)stay the same
3
When units produced increase, variable cost per unit………
(Learning Objective 1 Ch 5)
A)increase in proportion to the units produced
B)increase at a greater rate than units produced
C)increase at a lesser rate than units produced
D)stay the same
4
As production increases, fixed cost per unit ………
(Learning Objective 2 Ch 5)
A)decrease
B)increase
C)we can't tell
D)stay the same
5
Which is the correct equation that calculates P (the net profit) Selling Price per unit = £S Variable Cost per unit = £V Number of units sold = U units Total Fixed costs = £F
(Learning Objective 3 Ch 5)
A)P = SV - F
B)P = U (S – V) - F
C)P = FS - V
D)P = S (V – S)
6
The line equation expressing the total costs using the high low method might be expressed as follows from the following information: Total Fixed costs = £10,000 Variable cost per unit = £5
(Learning Objective 4 Ch 5)
A)x = 5y - 10,000
B)x = 10,000y - 5
C)y = 5x + 10,000
D)y = 10,000x + 5
7
The Scattergraph method …………….
(Learning Objective 5 Ch 5)
A)Is a more accurate method of analysing mixed costs than the high-low method
B)Is a less accurate method of analysing mixed costs than the high-low method
C)They are about the same
D)It depends.
8
A Learning curve shows that as experience increase the amount of time taken to perform a function ……………
(Learning Objective 8 Ch 5)
A)increases with experience
B)reduces with experience
C)stays the same
D)none of these





To learn more about the book this website supports, please visit its Information Center.
(c)2008 McGraw-Hill Education Europe
Any use is subject to the Terms of Use and Privacy Notice.
McGraw-Hill Education Europe is one of the many fine businesses of The McGraw-Hill Companies.


Seal, Management Accounting 3eOnline Learning Center

Home > Chapter 5 > Introductory Multiple Choice Quiz