MBA Cost Accounting MCQs - Chapter 26

Overhead Cost Variances and Management Control Multiple Choice Questions (MCQ) PDF - 2

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The MCQ: A company must eliminate all those activities that do not add value to all the products or services in planning of; "Overhead Cost Variances and Management Control" App Download Android & iOS (Free) with answers fixed overhead cost, variable overhead cost, fixed batch cost and variable batch cost for online accounting certificate programs. Practice planning of variable and fixed overhead costs quiz questions, download Apple Book (Free Sample) for grad cert business administration.

Overhead Cost Variances & Management Control Questions & Answers PDF Download: MCQ Quiz 2

MCQ 6: A company must eliminate all those activities that do not add value to all the products or services in planning of

variable overhead cost
fixed overhead cost
fixed batch cost
variable batch cost

MCQ 7: If the flexible budget amount is $40000 and variable overhead flexible budget variance is $25000, then actual costs incur will be

$15,000
$35,000
$65,000
$75,000

MCQ 8: The flexible budget amount is added in to variable overhead flexible budget variance to calculate

manufacturing costs incurred
variable costs incurred
fixed costs incurred
actual costs incurred

MCQ 9: In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating

flexible costs
variable costs
overhead costs
fixed costs

MCQ 10: The depreciation on plant equipment, salaries of plant managers and plant leasing costs are considered a

fixed batch cost
variable batch cost
variable overhead cost
fixed overhead cost

MBA Cost Accounting Mock Tests

Flexible Budget and Management Control MCQs

Basics of Accounting MCQs

Fundamentals of Accounting MCQs

Inventory Management, Just in Time and Costing Methods MCQs

Balanced Scorecard: Quality, Time and Theory of Constraints MCQs

Management Accounting in Organization MCQs

Budgeting and Accounting MCQs

Cost Allocation, Customer Profitability and Sales Variance Analysis MCQs

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