名词解释 Profit Margin

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单选题 Variable costs are conventionally deemed to ( )

A、be constant in total when production volume changes
B、be constant per unit of output
C、vary per unit of output as production volume changes
D、vary, in total, from period to period when production is constant

单选题 A factory making soft toys uses a particular machine on each production line. Each machine costs £1,000 per month to hire. Each production line can make up to 100 toys per month. Which of the following best describes the cost of hiring the machines?

A、A step cost
B、A variable cost
C、A fixed cost
D、A semi-variable cost

单选题 A cost which contains both fixed and variable components, and so is partly affected by changes in the level of activity is known as ( )

A、a direct cost
B、a variable cost
C、an indirect cost
D、a semi-variable cost

单选题 Which role are managers performing when they choose goals and determine how to achieve them?

A、hiring
B、controlling
C、planning
D、decision making

单选题 Jenny was reviewing the water bill for her doggy day spa and determined that her highest bill, $$3,000, occurred in July when she washed 2,000 dogs and her lowest bill, $$2,000, occurred in November when she washed 1,000 dogs. What was the variable rate for Jenny's water bill?

A、$.67
B、$1.00
C、$0.50
D、$2.00

单选题 Which of the statements is true?

A、Total direct costs are always greater than total indirect costs.
B、Indirect costs are alternatively called overheads.
C、Fixed cost per unit are the same at all levels of production.
D、A direct cost will always be a variable cost.

单选题 If production exceeds units sold, which of the following statements is TRUE?

A、The same operating income will result under both a variable costing and absorption costing income statement.
B、A higher operating income will result under a variable costing income statement.
C、A lower operating income will result under an absorption costing income statement.
D、A higher operating income will result under an absorption costing income statement.

单选题 Which of the following statements about a direct cost are correct? (1)A direct cost can be traced in full to the product, service or department that is being costed. (2)A cost that is a direct cost of one cost object might be an indirect cost of a different cost object. (3)A direct cost might also be referred to as an overhead cost. (4)Expenditure on direct costs will probably vary every period.

A、(1) and (2) only
B、(1) and (3) only
C、(1), (2) and (4) only
D、All of them