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

Learn flexible budget overhead cost variance MCQs, mastering cost accounting test 1 for online learning, course exam prep. Practice production volume variance MCQs, flexible budget overhead cost variance multiple choice questions and answers on production volume variance, variable and fixed overhead costs, cost variance analysis and activity based costing test for online bachelor of science in accountancy courses distance learning.

Free online flexible budget overhead cost variance quiz, self-study student guide has multiple choice question: production volume variance is also called with options numerator level variance, denominator level variance, price level variance and cost level variance with distance learning, competitive exams preparation for national and international universities' admissions. Study to learn online 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 1 Quiz PDF 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