MBA Cost Accounting MCQs - Chapter 16
Direct Cost Variances and Management Control Quiz Questions and Answers PDF - 11
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The Quiz: In the budget hierarchy, the material handling cost is; "Direct Cost Variances and Management Control" App Download iOS & Android (Free) with answers batch level cost, fixed manufacturing cost, per unit cost and factory overall cost to learn online tutor courses. Study price and efficiency variance quiz questions, download Amazon eBook (Free Sample) for online business management classes.
Direct Cost Variances & Management Control Questions & Answers PDF Download: MCQ Quiz 11
MCQ 51: In the budget hierarchy, the material handling cost is
- fixed manufacturing cost
- batch level cost
- per unit cost
- factory overall cost
MCQ 52: If the actual payment to labor is $1200 and the budgeted rate is $1000, then the labor price variance would be
- less than zero
- equal to zero
- favorable
- unfavorable
MCQ 53: An expected performance of the company is also known as
- price requirements
- supply requirements
- budgeted performance
- demand requirements
MCQ 54: The determined price at which the company expects to pay for every single unit is called
- standard price
- input price
- actual input
- output price
MCQ 55: If the actual result is $65000 and the static budget variance is $35000, then the static budget amount will be
- $30,000
- $100,000
- $200,000
- $30,000
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Financial Markets Mock Tests
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Financial Markets MCQ with Answers
- Treasury notes that provide returns tied to inflation rate are classified as
- Stocks or shares that are sold to investors without transacting through financial institutions are classified as
- Bonds having longer maturity on original loans than promised payments are classified as
- For given change in interest rates, the percentage change in the present
- Maximum maturity days of holding commercial paper are
- Considering the yields of bonds, the secured bonds as compared to unsecured bonds have
Direct Cost Variances & Management Control MCQ Book Questions
- If the flexible budget variance is $95000 and an actual cost is
- If the budgeted price of input is $70, actual quantity of input
- Level of used input to achieve a determined level of output is termed as
- Difference between an actual budget and the corresponding amount in static budget is classified as
- Master budget, which is based on the planned output level at the
- If the budgeted input price is $80 and the price variance is