Semi-Variable Costs – NBC Institute

MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis

This question focuses on identifying the cost pattern that includes both fixed and variable components.

Question

The cost behavioral pattern which shows element of fixed and variable components is:
A. Variable cost
B. Standard cost
C. Full cost
D. Semi-variable cost
E. Fixed cost

Answer

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Tags: Cost behavior, CVP Analysis, Fixed Costs, Semi-Variable Costs, Variable Costs
Level: Level 1

Topic: Cost-Volume-Profit (CVP) Analysis
Series: NOV 2014

MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques

Identifying the correct method to separate fixed costs from semi-variable costs.

Question

ONE of the methods of separating fixed costs from semi-variable costs is:
A. Low high method
B. Variable method
C. High low method
D. Constant method
E. Semi variable method

Answer

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Tags: Cost Classification, Fixed Costs, Semi-Variable Costs
Level: Level 1

Topic: Costing Techniques
Series: NOV 2023

MI – May 2023 – L1 – SA – Q2 – Cost Classifications

This question asks for the identification of another name for mixed cost.

Question

Which of the following is another name for mixed cost?
A. Double cost
B. Semi-Variable cost
C. Fluctuating cost
D. High and Low cost
E. Triple cost

Answer

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Tags: Fluctuating Costs, Mixed Costs, Semi-Variable Costs
Level: Level 1

Topic: Cost Classifications
Series: MAY 2023

MI – May 2016 – L1 – SA – Q1 – Cost Classifications

Identifying cost behavior type when production hours vary and managerial requirements change.

Question

A company pays a manager a salary of N40,000 monthly when production is below 320 hours. When the production is between 320-640 hours, two managers would be required. This type of cost is called:

A. Fixed cost
B. Variable cost
C. Stepped variable cost
D. Stepped fixed cost
E. Semi-variable cost

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Analysis, Fixed Cost, Semi-Variable Costs, Stepped Costs, Variable Cost
Level: Level 1

Topic: Cost Classifications
Series: MAY 2016

MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis

This question focuses on identifying the cost pattern that includes both fixed and variable components.

Question

The cost behavioral pattern which shows element of fixed and variable components is:
A. Variable cost
B. Standard cost
C. Full cost
D. Semi-variable cost
E. Fixed cost

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost behavior, CVP Analysis, Fixed Costs, Semi-Variable Costs, Variable Costs
Level: Level 1

Topic: Cost-Volume-Profit (CVP) Analysis
Series: NOV 2014

MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques

Identifying the correct method to separate fixed costs from semi-variable costs.

Question

ONE of the methods of separating fixed costs from semi-variable costs is:
A. Low high method
B. Variable method
C. High low method
D. Constant method
E. Semi variable method

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Classification, Fixed Costs, Semi-Variable Costs
Level: Level 1

Topic: Costing Techniques
Series: NOV 2023

MI – May 2023 – L1 – SA – Q2 – Cost Classifications

This question asks for the identification of another name for mixed cost.

Question

Which of the following is another name for mixed cost?
A. Double cost
B. Semi-Variable cost
C. Fluctuating cost
D. High and Low cost
E. Triple cost

Answer

Find Related Questions by Tags, levels, etc.

Tags: Fluctuating Costs, Mixed Costs, Semi-Variable Costs
Level: Level 1

Topic: Cost Classifications
Series: MAY 2023

MI – May 2016 – L1 – SA – Q1 – Cost Classifications

Identifying cost behavior type when production hours vary and managerial requirements change.

Question

A company pays a manager a salary of N40,000 monthly when production is below 320 hours. When the production is between 320-640 hours, two managers would be required. This type of cost is called:

A. Fixed cost
B. Variable cost
C. Stepped variable cost
D. Stepped fixed cost
E. Semi-variable cost

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Analysis, Fixed Cost, Semi-Variable Costs, Stepped Costs, Variable Cost
Level: Level 1

Topic: Cost Classifications
Series: MAY 2016

Question Tag: Semi-Variable Costs

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MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis

This question focuses on identifying the cost pattern that includes both fixed and variable components.

MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques

Identifying the correct method to separate fixed costs from semi-variable costs.

MI – May 2023 – L1 – SA – Q2 – Cost Classifications

This question asks for the identification of another name for mixed cost.

MI – May 2016 – L1 – SA – Q1 – Cost Classifications

Identifying cost behavior type when production hours vary and managerial requirements change.

MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis

This question focuses on identifying the cost pattern that includes both fixed and variable components.

MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques

Identifying the correct method to separate fixed costs from semi-variable costs.

MI – May 2023 – L1 – SA – Q2 – Cost Classifications

This question asks for the identification of another name for mixed cost.

MI – May 2016 – L1 – SA – Q1 – Cost Classifications

Identifying cost behavior type when production hours vary and managerial requirements change.

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Question Tag: Semi-Variable Costs

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MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis

This question focuses on identifying the cost pattern that includes both fixed and variable components.

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MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques

Identifying the correct method to separate fixed costs from semi-variable costs.

You're reporting an error for "MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques"

MI – May 2023 – L1 – SA – Q2 – Cost Classifications

This question asks for the identification of another name for mixed cost.

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MI – May 2016 – L1 – SA – Q1 – Cost Classifications

Identifying cost behavior type when production hours vary and managerial requirements change.

You're reporting an error for "MI – May 2016 – L1 – SA – Q1 – Cost Classifications"

MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis

This question focuses on identifying the cost pattern that includes both fixed and variable components.

You're reporting an error for "MI – Nov 2014 – L1 – SA – Q19 – Cost-Volume-Profit (CVP) Analysis"

MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques

Identifying the correct method to separate fixed costs from semi-variable costs.

You're reporting an error for "MI – Nov 2023 – L1 – SA – Q10 – Costing Techniques"

MI – May 2023 – L1 – SA – Q2 – Cost Classifications

This question asks for the identification of another name for mixed cost.

You're reporting an error for "MI – May 2023 – L1 – SA – Q2 – Cost Classifications"

MI – May 2016 – L1 – SA – Q1 – Cost Classifications

Identifying cost behavior type when production hours vary and managerial requirements change.

You're reporting an error for "MI – May 2016 – L1 – SA – Q1 – Cost Classifications"

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