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Cost Allocation, Customer Profitability and Sales Variance Analysis Multiple Choice Questions 1 PDF Download

Learn cost allocation, customer profitability and sales variance analysis multiple choice questions (MCQs), cost accounting test 1 for online exams. Practice static budget variance MCQs questions and answers on static budget variance, cost allocation and costing systems, customer revenues and costs with answers. Free cost allocation, customer profitability and sales variance analysis quiz, online study guide has helping answer key with choices as sales volume variance, sales mix variance, flexible budget variance and static budget variance of multiple choice questions as difference between actual result and corresponding amount of flexible budget, on basis of actual level of output is classified as to test learning skills for viva exam preparation and job's interview questions. Study to learn static budget variance quiz questions with online learning MCQs for competitive exam preparation test. Static Budget Variance Video

MCQ on Cost Allocation, Customer Profitability and Sales Variance Analysis Quiz PDF Download Test 1

MCQ. The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as

  1. sales mix variance
  2. sales volume variance
  3. flexible budget variance
  4. static budget variance

C

MCQ. In corporate costs, the costs incur for employee recruitment, development and training are classified as

  1. discretionary costs
  2. human resource management costs
  3. corporate administration costs
  4. treasury costs

B

MCQ. In customer cost hierarchy, the cost of activities related to specific channel of distribution is classified as

  1. discretionary channel costs
  2. corporate-sustaining costs
  3. distribution-channel costs
  4. engineered resource costs

C

MCQ. If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be

  1. $6,200
  2. $1,700
  3. $17,000
  4. $4,500

B

MCQ. The difference between corresponding static budget and flexible budget amount is called

  1. sales volume variance
  2. sales mix variance
  3. sales quantity variance
  4. market share variance

A