MBA Cost Accounting MCQs - Chapter 19

Flexible Budget: Overhead Cost Variance MCQ (Multiple Choice Questions) PDF - 2

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Apps:

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The MCQ: Process of ensuring preventive measure to be done in all machines is classified as; "Flexible Budget Overhead Cost Variance" App Download Android & iOS (Free) with answers potential cost response, potential price response, potential budget response and potential management response for online business management degrees. Practice variable and fixed overhead costs quiz questions, download Apple Book (Free Sample) for online bachelor's degree in administration.

Flexible Budget Overhead Cost Variance Questions & Answers PDF Download: MCQ Quiz 2

MCQ 6: The process of ensuring preventive measure to be done in all machines is classified as

A) potential price response

B) potential cost response

C) potential budget response

D) potential management response

MCQ 7: If an actual cost incurred is $627500, the flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be

A) $218,750

B) $238,750

C) $258,750

D) $268,750

MCQ 8: If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be

A) $182,500

B) $152,500

C) $162,500

D) $172,500

MCQ 9: An unfavorable volume-production variance is used to measure the amount of

A) fixed setup cost

B) total setup cost

C) variable setup cost

D) total overhead cost

MCQ 10: The less skilled workers for operating machines then expected are classified as

A) cause for exceeding budget

B) cause of less employment

C) fixed cost variation

D) variable cost variation

MBA Cost Accounting Mock Tests

Budgeting and Accounting MCQs

Management Control Systems and Multinational Considerations MCQs

Capacity Analysis and Inventory Costing MCQs

Decision Making Process and Information MCQs

Cost Allocation: Joint Products and Byproducts MCQs

Department Costs, Common Costs and Revenues MCQs

Overhead Cost Variances and Management Control MCQs

Flexible Budget: Overhead Cost Variance MCQs

Flexible Budget Overhead Cost Variance Learning App & Free Study Apps

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