Direct Cost Variances and Management Control Study App | BBA Cost Accounting MCQs e-Book PDF

BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting MCQs – Practice Test 1 (Chapter 16)

Direct Cost Variances and Management Control MCQs with Answers PDF Download – Test 1

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Learn Direct Cost Variances and Management Control Multiple Choice Questions (MCQs) with Answers PDF (Direct Cost Variances and Management Control MCQs PDF e-Book) download Ch. 16-1 to study BBA Cost Accounting Course. Practice Price and Efficiency Variance MCQs, Direct Cost Variances and Management Control Notes questions and answers PDF to join e-learning. Download the Direct Cost Variances and Management Control MCQs App: Free BBA Cost Accounting Study App to study use of variances career test for virtual accounting classes.

Free "Direct Cost Variances and Management Control MCQs" App Download with MCQ: 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; with answers: $13,000, $15,000, $11,000, and $9,000 for virtual accounting classes. Solve Price & Efficiency Variance Quiz Questions, download Google e-Book (Free Chapter) to excel in accounting.

Direct Cost Variances & Management Control MCQs – Practice Test 1 PDF Download

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:

  1. $15,000
  2. $13,000
  3. $11,000
  4. $9,000

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

  1. $130
  2. $70
  3. $150
  4. $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:

  1. standard price per input unit
  2. standard price per output unit
  3. standard cost per input unit
  4. standard cost per output unit

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

  1. revenue variance
  2. cost variance
  3. favorable variance
  4. unfavorable variance

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

  1. $40,000
  2. $50,000
  3. $150,000
  4. $170,000

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