Variable and Fixed Overhead Costs MCQs & Quiz Online PDF Book Download

Variable and fixed overhead costs MCQs, variable and fixed overhead costs quiz answers to learn accounting courses online. Flexible budget: overhead cost variance multiple choice questions (MCQs), variable and fixed overhead costs quiz questions and answers for accelerated business degree online. Variable and fixed overhead costs test prep for finance certifications.

Learn flexible budget: overhead cost variance test MCQs: in budgeted fixed overhead rate, number of machine hours are considered as, with choices denominator level, numerator level, fixed level, and variable level for accelerated business degree online. Practice assessment test for scholarships, online learning variable and fixed overhead costs quiz questions for competitive assessment in business majors for accounting certifications. Variable and Fixed Overhead Costs Video

MCQ on Variable and Fixed Overhead CostsQuiz Book 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