Flexible Budget: Cost Accounting Quiz Questions and Answers PDF - 53

MCQ 261: If the sales budget variance for operating income is $68000 and the static budget amount is $19000, then flexible budget amount will be

1. $47,000
2. $57,000
3. $87,000
4. $97,000

MCQ 262: The contribution margin per unit is $500 per unit and the breakeven per unit is $35, then the fixed cost would be

1. $13,500
2. $14,280
3. $18,500
4. $17,500

MCQ 263: The calculation of product cost, gathering information for planning and analyzing information for decisions making are the features of

1. information accounting
2. cost accounting
3. analyzing accounts
4. marketing costs

MCQ 264: A costing system, which focuses on individual activities as the particular cost object is classified as

1. activity based costing
2. improved costing
3. learned improvements
4. positive effectiveness

MCQ 265: A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottleneck operations is

1. theory of contribution
2. theory of constraints
3. theory of conflicts
4. theory of maximization