Efficiency Variance in Accounting MCQs Quiz Online PDF Download

Learn efficiency variance in accounting MCQs, cost accounting test for learning online courses and test prep to practice. Direct cost variances and management control quiz has multiple choice questions (MCQ), efficiency variance in accounting quiz questions and answers, use of variances, efficiency variance in accounting tutorials for online associates degree in accounting courses distance learning.

Cost accounting practice test MCQ: an actual input quantity is 200 units and budgeted input quantity is 50 units, then efficiency variance will be with choices 275 units, 250 units, 150 units and 650 units problem solving skills for summative and formative assessment, competitive exam prep, interview questions with answer key. Free study guide is for online learning efficiency variance in accounting quiz with MCQs to practice test questions with answers. Efficiency Variance in Accounting Video

MCQs on Efficiency Variance in Accounting Quiz PDF Download

MCQ. An actual input quantity is 200 units and budgeted input quantity is 50 units, then efficiency variance will be

  1. 275 units
  2. 250 units
  3. 150 units
  4. 650 units

C

MCQ. An efficiency variance is 200 units and actual input quantity is 500 units, then budgeted input quantity will be

  1. 300 units
  2. 700 units
  3. 800 units
  4. 500 units

A

MCQ. In management control, an efficiency variance is also referred as

  1. control variance
  2. uncontrolled variance
  3. usage variance
  4. effective variance

C

MCQ. If an efficiency variance is 200 units and actual input quantity is 750 units, then budgeted input quantity will be

  1. 275 units
  2. 125 units
  3. 550 units
  4. 650 units

C

MCQ. If budgeted price of input is $70, actual quantity of input is 250 units and allowed budgeted quantity of input is 90 units, then efficiency variance will be

  1. $23,800
  2. $11,200
  3. $12,200
  4. $13,200

B