# Flexible Budget: Overhead Cost Variance Multiple Choice Questions and Answers 1 PDF Book Download

Flexible budget overhead cost variance multiple choice questions (MCQs), flexible budget overhead cost variance quiz answers, MBA accounting test prep 1 to learn online accounting courses. Production volume variance MCQs, flexible budget overhead cost variance quiz questions and answers for admission and merit scholarships test. Practice production volume variance, variable and fixed overhead costs, cost variance analysis and activity based costing career test for financial business analyst certification.

Learn flexible budget overhead cost variance quiz with multiple choice questions: production volume variance is also called, with choices numerator level variance, denominator level variance, price level variance, and cost level variance for business degree online classes. Practice jobs' assessment test for online learning production volume variance quiz questions with financial accounting MCQs for business analyst certification. Production Volume Variance Video

## MCQs on Flexible Budget Overhead Cost Variance Test 1 PDF Book Download

MCQ: Production volume variance is also called

- denominator level variance
- numerator level variance
- price level variance
- cost level variance

A

MCQ: In budgeted fixed overhead rate, number of machine hours are considered as

- denominator level
- numerator level
- fixed level
- variable level

A

MCQ: An indirect support labor costs and costs of indirect energy are considered as

- variable batch costs
- fixed batch costs
- variable setup costs
- fixed setup costs

C

MCQ: An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then variable overhead efficiency variance is

- $39,000
- $49,000
- $59,000
- $73,000

A

MCQ: Step of installing production scheduling procedure, to improve plant operations is considered as

- potential cost response
- potential budget response
- potential management response
- potential price response

C