Learn Accounting Online Notes & Technology Articles

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

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

Study flexible budget overhead cost variance quiz with multiple choice question (MCQs): production volume variance is also called, for bachelor of business administration and masters in accounting degree courses with choices 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. Practice skills assessment test 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 1Quiz 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


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


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


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


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