Efficiency Variance in Accounting MCQs Questions and Answers PDF Book Download

Efficiency variance in accounting multiple choice questions (MCQs), efficiency variance in accounting quiz answers to learn accounting online courses. Direct cost variances and management control MCQs, efficiency variance in accounting quiz questions and answers for business degree online classes. Learn price and efficiency variance, efficiency variance in accounting test prep for finance certifications.

Learn direct cost variances and management control test MCQs: 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 for business degree online classes. Practice merit scholarships assessment test, online learning efficiency variance in accounting quiz questions for competitive assessment in business majors for finance certifications. Efficiency Variance in Accounting Video

MCQ on Efficiency Variance in AccountingQuiz Book 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