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Variations from Normal Costing Quiz Questions and Answers 166 PDF Book Download

Variations from normal costing quiz, variations from normal costing MCQs answers, MBA accounting quiz 166 to learn accounting courses online. Job costing quiz questions and answers, variations from normal costing multiple choice questions (MCQ) to practice accounting quiz with answers for college and university courses. Learn variations from normal costing MCQs, setup cost, cost variance analysis and activity based costing, production volume variance, variations from normal costing test prep for finance certifications.

Learn variations from normal costing test with multiple choice question (MCQs): if budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then budgeted indirect cost rate would be, with choices 69.72%, 79.72%, 99.75%, and 89.72% for online MSF degree. Learn job costing questions and answers for scholarships exams' problem-solving, assessment test for CPA certification. Variations from Normal Costing Video

Quiz on Variations from Normal Costing Worksheet 166Quiz Book Download

Variations from Normal Costing Quiz

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

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

D

Production Volume Variance Quiz

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

Cost Variance Analysis & Activity Based Costing Quiz

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

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

B

Setup Cost Quiz

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

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

C

Contribution Margin Calculations Quiz

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

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

D