
Cost Control Quiz #2
Authored by Renalyn Odias
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University
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9 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of cost change based on activity. Oppositely are associated to the number of goods or services produced, or the business volume. As a business and production volume increase, variable cost will increase; as well volume decreases, variable costs should decrease as well.
Variable Cost
Fixed Cost
Semi-variable Cost
Controllable Cost
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Defined as expense to a food service facility for goods or services when the items are consumed or the service are delivered.
Uncontrollable Cost
Fixed Cost
Cost
Variable Cost
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is typically unaffected by the volume of production or sales, they remain constant regardless of whether goods or services produced.
Fixed Cost Worker
Fixed Cost
Cost
Variable Cost
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
These are the cost that have both fixed and variable parts. They stay at the same up to certain level of production, but hen change when production increased beyond that level.
Uncontrollable Cost
Semi Variable Cost
Cost
Variable Cost
5.
OPEN ENDED QUESTION
15 mins • 20 pts
Calculate the following:
Total Cost Percentage, Total Cost,
Total Profit
Given: Total Sales = 8500
Total Cost = 2300
Evaluate responses using AI:
OFF
6.
OPEN ENDED QUESTION
15 mins • 20 pts
Calculate the following:
Total Cost Percentage, Total Cost,
Total Profit
Given: Total Sales = 198,000
Total Cost = 49,500
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
15 mins • 20 pts
Calculate the following:
Total Cost Percentage, Total Cost,
Total Profit
Given: Total Sales = 1,853,000
Total Cost = 896,800
Evaluate responses using AI:
OFF
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