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Variable and Fixed Overhead Costs Questions and Answers PDF Download eBook

Variable and Fixed Overhead Costs trivia questions and answers, variable and fixed overhead costs quiz answers PDF 36 to practice accounting exam questions for online classes. Practice Flexible Budget Overhead Cost Variance trivia questions and answers, variable and fixed overhead costs Multiple Choice Questions (MCQ) for online accounting degree. Free variable and fixed overhead costs MCQs, insourcing versus outsourcing, value engineering, insurance and lock in costs, accounting strategy, product budgeting life cycle and costing, variable and fixed overhead costs test prep for accredited online business management degree.

"If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be", variable and fixed overhead costs Multiple Choice Questions (MCQ) with choices $152,500, $182,500, $162,500, and $172,500 for online business accounting degree. Learn flexible budget overhead cost variance questions and answers to improve problem solving skills for online business and administration degree. Variable & Fixed Overhead Costs Video

Trivia Quiz on Variable & Fixed Overhead Costs PDF Download eBook

Variable and Fixed Overhead Costs Quiz

MCQ: If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be

  1. $182,500
  2. $152,500
  3. $162,500
  4. $172,500

B

Product Budgeting Life Cycle and Costing Quiz

MCQ: The total cost incur by customer to use, acquire, maintain and dispose service or product is classified as

  1. budgeted life cycle
  2. targeted life cycle
  3. customer life cycle
  4. operating life cycle

C

Accounting Strategy Quiz

MCQ: An organization's ability to offer market offerings at lower prices, in comparison with its competitors is known as

  1. inelastic demand
  2. product differentiation
  3. cost leadership
  4. elastic demand

C

Value Engineering, Insurance and Lock In Costs Quiz

MCQ: If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under

  1. designed-in costs
  2. locked-in costs
  3. value added cost
  4. non-value added cost

C

Insourcing versus Outsourcing Quiz

MCQ: The decisions made by team of individuals or single person, whether to outsource the products or in-source are classified as

  1. demand or supply decisions
  2. make or buy decisions
  3. relevant or irrelevant decision
  4. idle or busy decisions

B