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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 test prep to learn MBA accounting quiz 1 for online MBA programs courses. Learn production volume variance multiple choice questions (MCQs), flexible budget overhead cost variance quiz questions and answers. Free e-learning tutorial on production volume variance, variable and fixed overhead costs, cost variance analysis and activity based costing test prep for online bachelor of science in accountancy courses distance learning.

Practice flexible budget overhead cost variance career test with multiple choice question: in budgeted fixed overhead rate, number of machine hours are considered as, for business administration major with options numerator level, denominator level, fixed level, variable level for bachelors in business administration. Professional skills assessment test with online learning production volume variance quiz questions with financial accounting MCQs to prepare entrance exam for EMBA program admission. Production Volume Variance Video

MCQ on Flexible Budget Overhead Cost Variance Test 1Quiz Book Download

MCQ: Production volume variance is also called

  1. denominator level variance
  2. numerator level variance
  3. price level variance
  4. cost level variance

A

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

  1. denominator level
  2. numerator level
  3. fixed level
  4. variable level

A

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

  1. variable batch costs
  2. fixed batch costs
  3. variable setup costs
  4. 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

  1. $39,000
  2. $49,000
  3. $59,000
  4. $73,000

A

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

  1. potential cost response
  2. potential budget response
  3. potential management response
  4. potential price response

C