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

Learn variable & fixed overhead costs quiz questions, online MBA cost accounting test 48 for distance learning MBA programs, online accounting courses. Colleges and universities courses' MCQs on flexible budget: overhead cost variance quiz, variable & fixed overhead costs multiple choice questions and answers to learn accounting quiz with answers. Practice variable and fixed overhead costs MCQs, GMAT test assessment on inventory types, inventoriable cost and period cost, retail organizations: inventory management, cost analysis, customer response time and on time performance, variable and fixed overhead costs practice test for online professional degree courses distance learning.

Study variable & fixed overhead costs online courses 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, for BBA degree and executive MBA degree in accounting questions with choices $21,000 , $11,000 , $31,000 , and $41,000 for online competitive exams, certifications tests for financial aids, scholarships contests in universities. Learn flexible budget: overhead cost variance quizzes with problem solving skills assessment test to prepare entrance exam for admission in top executive MBA programs. Variable & Fixed Overhead Costs Video

Quiz on Variable & Fixed Overhead Costs Worksheet 48Quiz PDF 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