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

Variable and fixed overhead costs quiz, variable and fixed overhead costs MCQs answers, MBA accounting quiz 48 to learn accounting online courses. Flexible budget overhead cost variance quiz questions and answers, variable and fixed overhead costs multiple choice questions (MCQs) to practice accounting quiz with answers for online colleges and universities courses. Learn variable and fixed overhead costs MCQs, retail organizations: inventory management, cost analysis, customer response time and on time performance, variable and fixed overhead costs test prep for accounting certifications.

Learn variable and fixed overhead costs test with multiple choice question (MCQs): if variable overhead flexible budget variance is $26000 and flexible budget amount is $15000, then actual incurred costs will be, with choices $21,000, $11,000, $31,000, and $41,000 for business management classes online. Learn flexible budget overhead cost variance questions and answers for problem-solving, merit scholarships assessment test for accounting certifications. Variable & Fixed Overhead Costs Video

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

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