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Variations from Normal Costing Quiz Questions and Answers 166 PDF Download

Learn variations from normal costing quiz, online cost accounting test 166 for online courses, distance learning. Free accounting MCQs questions and answers to learn variations from normal costing MCQs with answers. Practice MCQs to test knowledge on variations from normal costing, production volume variance, cost variance analysis and activity based costing, setup cost, contribution margin calculations for online financial accounting course test.

Free variations from normal costing course worksheet has multiple choice quiz question as 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 options 69.72%, 79.72%, 99.75% and 89.72% with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study job costing multiple choice questions based quiz question and answers. Variations from Normal Costing Video

Quiz on Variations from Normal Costing Quiz PDF Download Worksheet 166

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