Fixed Overhead Cost Variances MCQs Questions and Answers PDF Book Download

Fixed overhead cost variances MCQs, fixed overhead cost variances quiz answers to learn accounting courses online. Flexible budget: overhead cost variance multiple choice questions (MCQs), fixed overhead cost variances quiz questions and answers for online masters in finance. Variable and fixed overhead costs, cost variance analysis and activity based costing, fixed overhead cost variances test prep for CPA certification.

Learn flexible budget: overhead cost variance test MCQs: if an actual cost incurred is $627500, flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be, with choices $218,750, $238,750, $258,750, and $268,750 for online masters in finance. Practice assessment test for scholarships, online learning fixed overhead cost variances quiz questions for competitive assessment in business majors for accounting certifications. Fixed Overhead Cost Variances Video

MCQ on Fixed Overhead Cost VariancesQuiz Book Download

MCQ: If an actual cost incurred is $627500, flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be

  1. $218,750
  2. $238,750
  3. $258,750
  4. $268,750

D

MCQ: Lower plant leasing, lower administrative costs, lower depreciation on equipment and plant are all factors of

  1. favorable price variance
  2. unfavorable price variance
  3. favorable spending variance
  4. unfavorable spending variance

C

MCQ: Higher plant leasing, higher administrative costs and higher depreciation on equipment and plants are all factors of

  1. favorable spending variance
  2. unfavorable spending variance
  3. favorable price variance
  4. unfavorable price variance

B

MCQ: If an actual incurred cost is $387500 and flexible budget amount is $168750, then fixed overhead variance of flexible budget would be

  1. $518,750
  2. $418,750
  3. $218,750
  4. $318,750

C

MCQ: If flexible budget amount is $21500 and fixed overhead flexible budget variance is $10000, then actual incurred cost will be

  1. $61,500
  2. $31,500
  3. $41,500
  4. $51,500

B