Cost Variance Analysis and Activity Based Costing MCQs Quiz Online PDF Download

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MCQs on Cost Variance Analysis and Activity Based CostingQuiz PDF Download

MCQ: An indirect support labor costs and costs of indirect energy are considered as

  1. variable batch costs
  2. fixed batch costs
  3. variable setup costs
  4. fixed setup costs

C

MCQ: An unfavorable volume-production variance is used to measure amount of

  1. fixed setup cost
  2. total setup cost
  3. variable setup cost
  4. total overhead cost

A

MCQ: Costing technique, which classify all activities in costing hierarchy is classified as

  1. activity based costing
  2. non-financial costing
  3. profit costing
  4. lump sum costing

A

MCQ: An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as

  1. variable batch costs
  2. fixed batch costs
  3. variable setup costs
  4. fixed setup costs

C

MCQ: All salaries are paid to supervisors and engineers and cost of leasing equipment are classified as

  1. variable setup costs
  2. fixed setup costs
  3. variable batch costs
  4. fixed batch costs

B