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Building Block Concepts of Costing Systems Quizzes Online MCQs PDF Download eBook

Building Block Concepts of Costing Systems quiz questions, building block concepts of costing systems multiple choice questions and answers PDF 29 to learn accounting course for online certification. Practice Job Costing quiz with answers, building block concepts of costing systems Multiple Choice Questions (MCQ) for online accounting degree. Free building block concepts of costing systems MCQs, planning of variable and fixed overhead costs, breakeven point and target income, performance measure: strategy and levels, information and decision process, building block concepts of costing systems test prep for accredited online business schools.

"The total indirect cost in the pool by an actual quantity of cost allocation base, is used to calculate", building block concepts of costing systems Multiple Choice Questions (MCQ) with choices manufacturing overhead costs, actual manufacturing overhead rate, overhead rate, and direct rate for bachelors degree in accounting online. Learn job costing questions and answers to improve problem solving skills for master's degree in business administration. Building Block Concepts of Costing Systems Video

Building Block Concepts of Costing Systems Questions and Answers PDF Download eBook

Building Block Concepts of Costing Systems Quiz

MCQ: The total indirect cost in the pool by an actual quantity of cost allocation base, is used to calculate

  1. actual manufacturing overhead rate
  2. manufacturing overhead costs
  3. overhead rate
  4. direct rate

A

Information and Decision Process Quiz

MCQ: The decisions regarding usage of material, kind and changes in plant processing are a part of

  1. past management
  2. future management
  3. help management
  4. cost management

D

Performance Measure: Strategy and Levels Quiz

MCQ: The system in an organization that articulates the purpose, mission and core values of a company is classified as

  1. interactive control system
  2. belief system
  3. boundary system
  4. diagnostic control system

B

Breakeven Point and Target Income Quiz

MCQ: If the fixed cost is $30000, the contribution margin percentage is 40%, then the breakeven revenue will be

  1. $120,000
  2. $75,000
  3. $12,000
  4. $175,000

B

Planning of Variable and Fixed Overhead Costs Quiz

MCQ: The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as

  1. overhead flexible budget variance
  2. overhead fixed budget variance
  3. overhead flexible cost variance
  4. overhead flexible price variance

A