Throughput Costing Quiz PDF: Questions and Answers - 35

MCQ 171: If the revenues are $25000 and through put contribution is $12000, then direct material cost of goods sold will be

1. $57,000
2. $37,000
3. $47,000
4. $13,000

MCQ 172: The material or anything for which cost is to be measured is known as

1. measurement object
2. cost object
3. accounting object
4. budget object

MCQ 173: In absorption costing, the contribution margin per unit, fixed operating and manufacturing costs are all the dependents of

1. profit point
2. breakeven point
3. production point
4. cost point

MCQ 174: An approach which yields the benefits of normal costing and the actual manufacturing overhead is classified as

1. unadjusted allocation rate approach
2. adjusted budget rate approach
3. unadjusted budget rate approach
4. adjusted allocation rate approach

MCQ 175: If the static budget is $208000 and the flexible budget amount is $305000, then the sales budget variance will be

1. $67,000
2. $97,000
3. $57,000
4. $47,000