As an Amazon Associate I earn from qualifying purchases.

Fixed Overhead Cost Variances MCQs Quiz Online PDF Download eBook

Solve Fixed Overhead Cost Variances Multiple Choice Questions (MCQ), fixed overhead cost variances quiz answers PDF worksheet, cost accounting practice test for online degree programs. Learn flexible budget: overhead cost variance Multiple Choice Questions and Answers (MCQs), "Fixed Overhead Cost Variances" quiz questions and answers for online college courses for business management. Learn variable and fixed overhead costs, cost variance analysis and activity based costing test prep for online business degree.

"If an actual cost incurred is $627500, the flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be" Multiple Choice Questions (MCQ) on fixed overhead cost variances with choices $218,750, $238,750, $258,750, and $268,750 for online college courses for business management. Practice fixed overhead cost variances quiz questions for merit scholarship test and certificate programs for online business administration school. Fixed Overhead Cost Variances Video

MCQs on Fixed Overhead Cost Variances PDF Download eBook

MCQ: If an actual cost incurred is $627500, the flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be

  1. $218,750
  2. $238,750
  3. $258,750
  4. $268,750

D

MCQ: The lower plant leasing, lower administrative costs, lower depreciation on equipment and plant are all the factors of

  1. favorable price variance
  2. unfavorable price variance
  3. favorable spending variance
  4. unfavorable spending variance

C

MCQ: The higher plant leasing, higher administrative costs and higher depreciation on equipment and plants are all the factors of

  1. favorable spending variance
  2. unfavorable spending variance
  3. favorable price variance
  4. unfavorable price variance

B

MCQ: If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be

  1. $518,750
  2. $418,750
  3. $218,750
  4. $318,750

C

MCQ: If the flexible budget amount is $21500 and fixed overhead flexible budget variance is $10000, then actual incurred cost will be

  1. $61,500
  2. $31,500
  3. $41,500
  4. $51,500

B