Atrills Accounting for Business Students 1st Australian Edition Atrill McLaney – Test Bank

Test Bank For Atrills Accounting for Business Students 1st Australian Edition Atrill McLaney

ISBN-10 ‏ : ‎ 1488616574, ISBN-13 ‏ : ‎ 978-1488616570

Chapter 11
Worth-amount-income analysis
and associated costing

Choose the one totally different that biggest completes the assertion or options the question.
1) How are mounted costs biggest outlined?
A) As mounted in relation to changes in train over the associated fluctuate of output
B) As mounted for all time
C) As mounted for 6 months
D) As mounted for a given number of merchandise
Reply: A
Situation: Major
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

2) Which of these could possibly be thought-a few set value?
A) Worth of gasoline for a transport agency
B) Laundry costs to wash towels utilized by a hairdresser
C) Insurance coverage protection premium
D) Provides utilized in manufacturing
Reply: C
Situation: Major
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 8 Software program of knowledge

3) How are mounted costs represented graphically?
A) A horizontal line, staying the an identical regardless of the extent of train
B) Starting at zero and rising as a straight line as train will enhance
C) Starting at a given stage and rising as a straight line as train will enhance
D) The intersection of the complete costs and full earnings traces
Reply: A
Situation: Common
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

4) Semi-mounted costs are biggest outlined as:
A) having every mounted and variable elements.
B) numerous over time.
C) costs ignored in value-amount-income analysis.
D) Not one of many above
Reply: A
Situation: Major
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

5) An occasion of a variable value is:
A) supervisor’s wage.
B) native authorities prices.
C) rent.
D) value of raw provides.
Reply: D
Situation: Major
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 8 Software program of knowledge

6) Variable costs are biggest outlined as:
A) numerous from interval to interval.
B) numerous immediately in proportion to the number of staff.
C) numerous immediately in proportion to the extent of train.
D) numerous over time.
Reply: C
Situation: Major
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour..
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

7) As output will enhance, variable costs per unit are:
A) semi-mounted.
B) mounted.
C) variable.
D) proportional to finish costs.
Reply: B
Situation: Common
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

8) Variable costs are represented graphically as:
A) starting at zero and rising as a straight line as train will enhance.
B) starting at a given stage and rising as a straight line as train will enhance.
C) a horizontal line, staying the an identical regardless of the extent of train.
D) the intersection of full costs and full earnings traces.
Reply: A
Situation: Common
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

9) Which of the following is an occasion of a semi-mounted (semi-variable) value?
A) Worth of telephone calls.
B) Entire telephone account, every calls and rental.
C) Worth of telephone rental.
D) Not one of many above
Reply: B
Situation: Common
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating

10) If full costs are $30 000 at an output of three 000 fashions and $35 000 at an output of three 500 fashions, variable costs per unit are:
A) $15 per unit.
B) $20 per unit.
C) $10 per unit.
D) $12 per unit.
Reply: C
Situation: Common
Learning Aim: 11.1 Distinguish between mounted costs and variable costs, and make clear the importance of an in depth understanding of value behaviour.
Matter: The behaviour of costs
AACSB: 3 Analytical contemplating