Learn static budget variance MCQs, cost accounting test for online learning courses, test prep to practice test. Cost allocation, customer profitability and sales variance analysis quiz has multiple choice questions (MCQ), static budget variance quiz questions and answers, customer revenues and costs, cost allocation and costing systems, static budget variance tutorials for online history of accounting courses distance learning.

Cost accounting practice test MCQ: difference between actual result and corresponding amount of flexible budget, on basis of actual level of output is classified as with choices sales mix variance, sales volume variance, flexible budget variance and static budget variance for associate degree, graduate degree and masters degree students for online eLearning preparation. Free study guide is for online learning static budget variance quiz with MCQs to practice test questions with answers. Static Budget Variance Video

MCQ: Difference between actual result and corresponding amount of flexible budget, on basis of actual level of output is classified as

1. sales mix variance
2. sales volume variance
3. flexible budget variance
4. static budget variance

C

MCQ: If static budget amount is \$6200 and flexible budget amount is \$4500, then sales volume variance will be

1. \$6,200
2. \$1,700
3. \$17,000
4. \$4,500

B

MCQ: Difference between corresponding static budget and flexible budget amount is called

1. sales volume variance
2. sales mix variance
3. sales quantity variance
4. market share variance

A

MCQ: If sales volume variance is \$8500 and static budget amount is \$2000, then flexible budget amount would be

1. \$6,500
2. \$6,600
3. \$6,700
4. \$6,800

A

MCQ: Difference between static budget amount and flexible budget amount is named as

1. sales mix variance
2. sales volume variance
3. flexible budget variance
4. static budget variance

B