BBA: Finance Courses

Chapter 16: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 16

Direct Cost Variances and Management Control Multiple Choice Questions (MCQ) PDF - 1

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The e-Book Direct Cost Variances and Management Control Multiple Choice Questions and Answers (MCQs), Direct Cost Variances and Management Control MCQ Quiz PDF, test 1 to study online MBA Cost Accounting Quizzes. Practice Price and Efficiency Variance MCQs, Direct Cost Variances and Management Control trivia questions and answers PDF to prepare for job interview. The Direct Cost Variances and Management Control MCQs App Download: Free learning app for use of variances career test for master's degree in business administration.

The Multiple Choice Question (MCQ Quiz) If the actual price input is \$700, the budgeted price of input is \$400 and the actual quantity of input are 50 units, then the price variance will be: \$13,000, \$15,000, \$11,000 and \$9,000 with "Direct Cost Variances and Management Control" App Download (Free) for online BBA degree. Solve price and efficiency variance quiz questions, download Google eBook (Free Sample) for online business administration degree classes.

Direct Cost Variances & Management Control MCQ Quiz : Test 1

MCQ 1: If the actual price input is \$700, the budgeted price of input is \$400 and the actual quantity of input are 50 units, then the price variance will be

A) \$15,000
B) \$13,000
C) \$11,000
D) \$9,000

MCQ 2: If the actual input price is \$150 and the budgeted input price is \$80, then the price variance will be

A) \$130
B) \$70
C) \$150
D) \$80

MCQ 3: The standard input allows one unit, to be divided by standard cost per output unit, for variable direct cost input to calculate

A) standard price per input unit
B) standard price per output unit
C) standard cost per input unit
D) standard cost per output unit

MCQ 4: The consideration of decreased operating income relative to budgeted amount, in static budget is classified as

A) revenue variance
B) cost variance
C) favorable variance
D) unfavorable variance

MCQ 5: If the flexible budget variance is \$105000, the actual cost is \$65000 then the flexible budget cost will be

A) \$40,000
B) \$50,000
C) \$150,000
D) \$170,000

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