Variable and Fixed Overhead Costs MCQs Quiz Online PDF Download

Learn variable and fixed overhead costs MCQs, cost accounting test for online courses learning and test prep to practice. Flexible budget overhead cost variance quiz has multiple choice questions (MCQ), variable and fixed overhead costs quiz questions and answers to learn for business management degree online tests.

Cost accounting practice test MCQ on in budgeted fixed overhead rate, number of machine hours are considered as with options denominator level, numerator level, fixed level and variable level problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning variable and fixed overhead costs quiz with MCQs to practice test questions with answers. 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