BBA: Finance Courses

Chapter 16: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 16

Direct Cost Variances and Management Control Multiple Choice Questions (MCQ) PDF - 12

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Direct Cost Variances & Management Control Questions & Answers PDF Download: MCQ Quiz 12

MCQ 56: The consideration of increased operating income relative to budgeted amount is classified as

A) favorable variance
B) unfavorable variance
C) revenue variance
D) cost variance

MCQ 57: If an actual price of material is $700 and the budgeted price is $900, then the

A) cost variance is favorable
B) cost variance is unfavorable
C) price variance is favorable
D) price variance is unfavorable

MCQ 58: If the static budget variance is $38000 and the static budget amount is $12000, then an actual result would be

A) $36,000
B) $60,000
C) $26,000
D) $50,000

MCQ 59: In costing and budgeting hierarchy, an example of product sustaining cost is

A) initial offering cost
B) batch marketing cost
C) product marketing cost
D) product design cost

MCQ 60: If the actual input quantity is 300 units and the budgeted input quantity is 100 units, then the efficiency variance will be

A) 600 units
B) 200 units
C) 400 units
D) 500 units

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Direct Cost Variances & Management Control App (Android & iOS)

Direct Cost Variances & Management Control App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)