Variations from Normal Costing MCQ (Multiple Choice Questions) PDF - 166

MCQ 826: If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be

1. 69.72%
2. 79.72%
3. 99.75%
4. 89.72%

MCQ 827: If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be

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

MCQ 828: If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be

1. $59,000
2. $25,000
3. $15,000
4. $39,000

MCQ 829: If the fixed setup cost is $32000 and the variable setup cost is $12000, then the setup cost will be

1. $20,000
2. $34,000
3. $44,000
4. $35,000

MCQ 830: If the contribution margin is $25000 and the revenues are $60000, then all the variable costs will be

1. −$85000
2. −$35000
3. $85,000
4. $35,000