Fixed Overhead Cost Variances MCQs Quiz Online PDF Download

Learn fixed overhead cost variances MCQs, cost accounting test for online courses learning and test prep to practice. Flexible budget overhead cost variance quiz has multiple choice questions (MCQ), fixed overhead cost variances quiz questions and answers to learn for online lease accounting course test.

Cost accounting practice test MCQ on if an actual cost incurred is $627500, flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be with options $218,750 , $238,750 , $258,750 and $268,750 problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning fixed overhead cost variances quiz with MCQs to practice test questions with answers. Fixed Overhead Cost Variances Video

MCQs on Fixed Overhead Cost Variances Quiz PDF 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