Overhead Cost Variances and Management Control Multiple Choice Questions Test 1 pdf Download
Practice BBA cost accounting test 1 with MCQ on planning of variable and fixed overhead costs online for learning. Practice overhead cost variances and management control multiple choice questions (MCQ) on planning of variable and fixed overhead costs,. Free study guide has answering options flexible hours, machine hours, variable hours and fixed hours of multiple choice questions (MCQ) as an operating manager uses cost allocation base which is classified as to test learning skills. Study to learn planning of variable and fixed overhead costs quiz questions to practice MCQ based online exam preparation test.
MCQ on Overhead Cost Variances and Management Control - Test 1
MCQ. An operating manager uses cost allocation base which is classified as
- machine hours.
- flexible hours.
- variable hours.
- fixed hours.
MCQ. Difference between actual variable overhead cost and flexible budget variable overhead amount is called
- overhead flexible budget variance.
- overhead fixed budget variance.
- overhead flexible cost variance.
- overhead flexible price variance.
MCQ. Costing technique which traces direct costs by multiplying price rate for producing actual outputs is classified as
- constant costing.
- standard costing.
- unit costing.
- batch costing.
MCQ. An energy, machine maintenance, indirect materials and engineering support are considered as
- variable overhead cost.
- fixed overhead cost.
- fixed batch cost.
- variable batch cost.
MCQ. Budget which highlights difference between actual quantity and budgeted quantity is considered as
- actual cost budget.
- flexible budget variance.
- inflexible budget.
- hourly budget.