Learn Accounting Quiz, Notes & Technology Articles

Variations from Normal Costing Quiz Questions and Answers 43 PDF Download

Learn variations from normal costing quiz, online cost accounting test 43 for distance learning, online courses. 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 with answers, cvp analysis, price and efficiency variance, product budgeting life cycle and costing, inventory costing: manufacturing companies, variations from normal costing test for online cost and management accounting courses distance learning.

Free variations from normal costing online course worksheet has multiple choice quiz question: if budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be with choices $4,730,000 , $3,730,000 , $2,730,000 and $1,730,000 with problems solving answer key to test study skills for online e-learning, formative assessment 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 Worksheet 43 Quiz PDF Download

Variations from Normal Costing Quiz

MCQ. If budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be

  1. $4,730,000
  2. $3,730,000
  3. $2,730,000
  4. $1,730,000

C

Inventory Costing: Manufacturing Companies Quiz

MCQ. Difference between absorption and variable costing is accountability of

  1. direct overhead
  2. indirect overhead cost
  3. fixed manufacturing cost
  4. variable manufacturing cost

C

Product Budgeting Life Cycle & Costing Quiz

MCQ. A technique, which accumulates and tracks costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called

  1. product life cycle
  2. life cycle budgeting
  3. life cycle costing
  4. target costing

C

Price & Efficiency Variance Quiz

MCQ. If actual cost is $356000 and flexible budget cost is $255000, then flexible budget variance will be

  1. $104,000
  2. $103,000
  3. $101,000
  4. $102,000

C

CVP Analysis Quiz

MCQ. Contribution margin per unit is multiplied to number of units sold to calculate

  1. revenue margin
  2. variable margin
  3. contribution margin
  4. divisor margin

C