Variable and Fixed Overhead Costs MCQs & Quiz Online PDF Download

Variable and fixed overhead costs MCQs, variable and fixed overhead costs quiz answers pdf to study online accounting degree course. Learn flexible budget: overhead cost variance Multiple Choice Questions and Answers (MCQs), "variable and fixed overhead costs" quiz questions and answers for online schools for business degrees. Learn flexible budget: overhead cost variance test prep for online classes for bachelor's degree in business administration.

"In the budgeted fixed overhead rate, the number of machine hours are considered as" Multiple Choice Questions (MCQ) on variable and fixed overhead costs with choices denominator level, numerator level, fixed level, and variable level for online schools for business degrees. Practice merit scholarships assessment test, online learning variable and fixed overhead costs quiz questions for competitive exams in business majors for business management classes online. Variable and Fixed Overhead Costs Video

MCQs on Variable and Fixed Overhead Costs PDF Download

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

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

A

MCQ: The 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 the variable overhead efficiency variance is

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

A

MCQ: The 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: The 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