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Learn variable and fixed overhead costs test with multiple choice question (MCQs): less skilled workers for operating machines then expected are classified as, with choices cause for exceeding budget, cause of less employment, fixed cost variation, and variable cost variation for business management classes online. Learn flexible budget overhead cost variance questions and answers for scholarships exams' problem-solving, assessment test for financial business analyst certification. Variable & Fixed Overhead Costs Video

Variable & Fixed Overhead Costs Quiz

MCQ: Less skilled workers for operating machines then expected are classified as

1. cause for exceeding budget
2. cause of less employment
3. fixed cost variation
4. variable cost variation

A

Contribution Margin versus Gross Margin Quiz

MCQ: Type of distribution, which consists of alternative outcomes and probabilities of events is classified as

1. event table
2. outcome table
3. decision table
4. probability table

C

Setup Cost Quiz

MCQ: A cost, consists of some fixed and some variable cost with respect to machine setup hours is termed as

1. setup cost
2. batch cost
3. facility cost
4. lump sum cost

A

Bottlenecks Quiz

MCQ: Revenues are subtracted from cost of direct materials of sold goods is to calculate

1. throughput contribution
2. operating cost contribution
3. operating contribution
4. marginal contribution

A

Regression Line Quiz

MCQ: A technique for estimating regression line, which minimizes sum of vertical deviations squares is classified as

1. variable technique
2. least square technique
3. indexed technique
4. fixed technique

B