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Price and Efficiency Variance Quizzes Online MCQs PDF Download eBook

Price and Efficiency Variance quiz questions, price and efficiency variance multiple choice questions and answers PDF 95 to learn accounting course for online certification. Practice Direct Cost Variances and Management Control quiz with answers, price and efficiency variance Multiple Choice Questions (MCQ) for online accounting degree. Free price and efficiency variance MCQs, revenue allocation methods, activity based costing systems, indirect costs allocation, breakeven point and target income, price and efficiency variance test prep for free online classes.

"In cost accounting, the goal of variance analysis is to", price and efficiency variance Multiple Choice Questions (MCQ) with choices improve future performance, understand variance reason, learning of improvement, and all of above to study online tutor courses. Learn direct cost variances and management control questions and answers to improve problem solving skills for online BBA courses. Price & Efficiency Variance Video

Price & Efficiency Variance Questions and Answers PDF Download eBook

Price and Efficiency Variance Quiz

MCQ: In cost accounting, the goal of variance analysis is to

  1. understand variance reason
  2. improve future performance
  3. learning of improvement
  4. all of above

D

Breakeven Point and Target Income Quiz

MCQ: If the contribution margin per unit is $1000 and the contribution margin percentage is 25%, then the selling price would be

  1. $2,500
  2. $4,000
  3. $3,800
  4. $3,800

B

Indirect Costs Allocation Quiz

MCQ: If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect cost will be

  1. $78,000
  2. −$78000
  3. −$8000
  4. $8,000

C

Activity Based Costing Systems Quiz

MCQ: In activity based costing system, the description of activity can be classified as

  1. activity list
  2. activity dictionary
  3. active purpose
  4. both a and b

D

Revenue Allocation Methods Quiz

MCQ: The method, which uses specific information on products as weights to allocate bundled revenues for each product in bundle is classified as

  1. step down allocation method
  2. stand-alone revenue allocation method
  3. incremental revenue allocation method
  4. revenue mix allocation method

B