Overhead Cost Variance Analysis MCQs Quiz Online PDF Download

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MCQs on Overhead Cost Variance AnalysisQuiz PDF Download

MCQ: A measure which evaluates overall tradeoff and effect among non-financial performance measure is

  1. non-financial measures
  2. financial measures
  3. effective measure
  4. lump sum measure

B

MCQ: In overhead cost variance analysis, variable overhead does not include

  1. favorable volume variance
  2. profit volume variance
  3. cost volume variance
  4. production volume variance

D

MCQ: Measure which provides feedback on manager's performance, considering individual aspects only is classified as

  1. effectively measure
  2. lump sum measure
  3. non-financial measures
  4. financial measures

C

MCQ: In overhead cost variance analysis, fixed overhead does not include

  1. efficiency variance
  2. unfavorable variance
  3. production volume variance
  4. favorable variance

A

MCQ: If an actual variable quantity is 70, actual and budgeted overhead cost of allocation is $8650 and $3500 respectively, then variable overhead spending variance will be

  1. $660,500
  2. $560,500
  3. $460,500
  4. $360,500

D