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Variable & Fixed Overhead Costs Quiz Questions and Answers 48 PDF Download

Learn variable & fixed overhead costs quiz, online cost accounting test 48 for online courses, distance learning. Free accounting MCQs questions and answers to learn variable & fixed overhead costs MCQs with answers. Practice MCQs to test knowledge on variable and fixed overhead costs, customer response time and on time performance, cost analysis, retail organizations: inventory management, inventory types, inventoriable cost and period cost for online cost accounting and management accounting course test.

Free variable & fixed overhead costs course worksheet has multiple choice quiz question as if variable overhead flexible budget variance is $26000 and flexible budget amount is $15000, then actual incurred costs will be with options $21,000 , $11,000 , $31,000 and $41,000 with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study flexible budget: overhead cost variance multiple choice questions based quiz question and answers. Variable & Fixed Overhead Costs Video

Quiz on Variable & Fixed Overhead Costs Quiz PDF Download Worksheet 48

Variable & Fixed Overhead Costs Quiz

MCQ. If variable overhead flexible budget variance is $26000 and flexible budget amount is $15000, then actual incurred costs will be

  1. $21,000
  2. $11,000
  3. $31,000
  4. $41,000

D

Customer Response Time & On Time Performance Quiz

MCQ. Sum of manufacturing and waiting time for an order is classified as

  1. manufacturing efficiency time
  2. manufacturing cycle time
  3. responding time
  4. value chain time

B

Cost Analysis Quiz

MCQ. Direct service labor is $5000, idle time wages are $1000 and overtime premium is $450, then total figure would be

  1. $4,450
  2. $6,450
  3. $21,500
  4. $14,300

B

Retail Organizations: Inventory Management Quiz

MCQ. If demand in units are 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be

  1. $200
  2. $190
  3. $160
  4. $180

D

Inventory Types, Inventoriable Cost & Period Cost Quiz

MCQ. In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

  1. inventoriable costs
  2. finished costs
  3. factory overhead costs
  4. manufacturing overhead costs

A