Activity Based Costing Systems Quiz Questions and Answers PDF Download eBook
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"The costing system, in which individual activities are identified as the cost object, is considered as", activity based costing systems Multiple Choice Questions (MCQ) with choices activity based costing, manufactured costing, allocation costing, and base costing to learn online educational courses. Learn activity based costing and management questions and answers to improve problem solving skills for online BS business administration. Activity Based Costing Systems Video
Quiz on Activity Based Costing Systems PDF Download eBook
MCQ: The costing system, in which individual activities are identified as the cost object, is considered as
- manufactured costing
- activity based costing
- allocation costing
- base costing
B
MCQ: If fixed overhead allocated for actual output units is $25000 and the production volume variance is $9000, then budgeted fixed overhead will be
- $34,000
- $24,000
- $16,000
- $18,000
A
MCQ: If the difference in costs is $16000 and the slope coefficient is 0.40, then difference in machine hours would be
- $50,000
- $5,400
- $6,400
- $40,000
D
MCQ: If the static budget amount is $6000 and the flexible budget amount is $15000, then the sales volume variance will be
- $9,000
- $8,000
- $12,000
- $21,000
A
MCQ: In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating
- flexible costs
- variable costs
- overhead costs
- fixed costs
C