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Solve Efficiency Variance in Accounting Multiple Choice Questions (MCQ), efficiency variance in accounting quiz answers PDF worksheet, cost accounting practice test for online courses. Learn 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 efficiency variance in accounting, 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. Practice efficiency variance in accounting quiz questions fmerit scholarship test and certificate programs for best online colleges for business administration. Efficiency Variance in Accounting Video

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

1. 275 units
2. 250 units
3. 150 units
4. 650 units

C

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

1. 300 units
2. 700 units
3. 800 units
4. 500 units

A

MCQ: In management control, an efficiency variance is also referred as

1. control variance
2. uncontrolled variance
3. usage variance
4. effective variance

C

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

1. 275 units
2. 125 units
3. 550 units
4. 650 units

C

MCQ: 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

1. \$23,800
2. \$11,200
3. \$12,200
4. \$13,200

B