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Flexible Budget Overhead Cost Variance Multiple Choice Questions 1 PDF Download

Learn flexible budget overhead cost variance multiple choice questions (MCQs), cost accounting test 1 for online course prep exams. Practice production volume variance MCQs questions and answers on production volume variance, variable and fixed overhead costs, cost variance analysis and activity based costing for online cash flow accounting course test.

Free flexible budget overhead cost variance quiz online, study guide has multiple choice question on production volume variance is also called with options numerator level variance, denominator level variance, price level variance and cost level variance to test online e-learning skills for viva exam prep and job's interview questions with answers key. Study to learn production volume variance quiz questions with online learning MCQs for competitive exam preparation test. Production Volume Variance Video

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

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