Variable and Fixed Overhead Costs MCQs Quiz Online PDF Download

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Cost accounting practice test MCQ: in budgeted fixed overhead rate, number of machine hours are considered as with options denominator level, numerator level, fixed level and variable level for online competitive exam preparation for highest paying jobs, government jobs and teaching jobs. Free study guide is for online learning variable and fixed overhead costs quiz questions with MCQs to practice test questions with answers for business analyst certifications and competitive exam preparation. Variable and Fixed Overhead Costs Video

MCQs on Variable and Fixed Overhead Costs Quiz PDF Download

MCQ: In budgeted fixed overhead rate, number of machine hours are considered as

  1. denominator level
  2. numerator level
  3. fixed level
  4. variable level

A

MCQ: Cost allocation base used by an operating manager is classified as

  1. machine hours
  2. flexible hours
  3. variable hours
  4. fixed hours

A

MCQ: An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then variable overhead efficiency variance is

  1. $39,000
  2. $49,000
  3. $59,000
  4. $73,000

A

MCQ: Step of installing production scheduling procedure, to improve plant operations is considered as

  1. potential cost response
  2. potential budget response
  3. potential management response
  4. potential price response

C

MCQ: Process of ensuring preventive measure to be done in all machines is classified as

  1. potential price response
  2. potential cost response
  3. potential budget response
  4. potential management response

D