Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Efficiency Variance in Accounting Multiple Choice Questions (MCQ) to practice efficiency variance in accounting quiz answers PDF, cost accounting worksheets for online degrees. Solve direct cost variances and management control Multiple Choice Questions and Answers (MCQs), "Efficiency Variance in Accounting" quiz questions and answers for online bachelor's degree in administration. Learn use of variances, price and efficiency variance test prep for online bachelor's degree in business management.

"An actual input quantity is 200 units and the budgeted input quantity is 50 units, then the efficiency variance will be" Multiple Choice Questions (MCQ) on efficiency variance in accounting with choices *275 units, 250 units, 150 units, and 650 units* for online bachelor's degree in administration. Solve efficiency variance in accounting quiz questions for merit scholarship test and certificate programs for best online colleges for business administration.

1.

An actual input quantity is 200 units and the budgeted input quantity is 50 units, then the efficiency variance will be

275 units

250 units

150 units

650 units

c

2.

An efficiency variance is 200 units and the actual input quantity is 500 units, then the budgeted input quantity will be

300 units

700 units

800 units

500 units

a

3.

In management control, an efficiency variance is also referred as

control variance

uncontrolled variance

usage variance

effective variance

c

4.

If an efficiency variance is 200 units and the actual input quantity is 750 units, then the budgeted input quantity will be

275 units

125 units

550 units

650 units

c

5.

If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be

$23,800

$11,200

$12,200

$13,200

b

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