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CH. 10 L2 Labor Costing Quiz

Authored by Tortuga Turquesa

Life Skills

11th - 12th Grade

8 Questions

CH. 10 L2 Labor Costing Quiz
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cost made up of both fixed and variable cost elements

Overhead costs

Variable Cost

Actual Purchase Price

Semivariable cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of sales an operation does for a given period of time

Sales history

Business volume

Profit and loss report

Variable cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number of employees hired to fill one position in a year's time

Employee turnover

Labor costs

Crew schedule

Customer count

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The specifications of the operation with regard to products and services

Profit and loss report

Master schedule

Operational standards

Quality standards

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The specifications of an operation with regards to products

Quality standards

Business volume

Operational standards

POS system

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cost that will change based on the amount of sales

Semivariable cost

Labor cost

Variable cost

Cost control

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A template showing the number of people needed in each position to run the business for a given time period

Master schedule

Crew schedule

Labor cost

Forecast

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