Production Volume Variance MCQs Test Online PDF Download

Production volume variance multiple choice questions (MCQs), production volume variance test prep to learn online MBA programs courses. Learn flexible budget: overhead cost variance multiple choice questions (MCQs), production volume variance quiz questions and answers. Career test prep on cost variance analysis and activity based costing, variable and fixed overhead costs, production volume variance aptitude test for online bachelor of science in accountancy courses distance learning.

Practice flexible budget: overhead cost variance aptitude test MCQs: if fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then production volume variance will be, for free online business management courses with options $16,500, $15,500, $14,500, $13,500 for bachelors in business administration. Free skills assessment test is for online learning production volume variance quiz questions with MCQs, exam preparation questions and answers to prepare entrance exam for EMBA program admission. Production Volume Variance Video

MCQ on Production Volume VarianceQuiz 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: If fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then production volume variance will be

  1. $16,500
  2. $15,500
  3. $14,500
  4. $13,500

D

MCQ: If fixed overhead allocated for actual output unit is $9800 and budgeted fixed overhead is $22000, then production volume variance would be

  1. $31,800
  2. $12,300
  3. $12,200
  4. $41,800

C

MCQ: If fixed overhead allocated for actual output units is $36000 and production volume variance is $7000, then budgeted fixed overhead will be

  1. $43,000
  2. $42,000
  3. $29,000
  4. $19,000

A

MCQ: In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as

  1. lump sum price amount
  2. lump sum fixed cost
  3. lump sum variable cost
  4. lump sum manufacturing cost

B