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Direct Cost Variances & Management Control MCQs: App Download & e-Book PDF

MBA Cost Accounting MCQs - Chapter 16

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

The 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 MBA Cost Accounting Course. Practice Price and Efficiency Variance MCQs, Direct Cost Variances and Management Control trivia questions and answers PDF for master's degree in business administration. The Direct Cost Variances and Management Control MCQs App Download: Free MBA Cost Accounting App to study use of variances career test for online accounting masters programs.

The 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; "Direct Cost Variances and Management Control" App Download [Free] with answers: $13,000, $15,000, $11,000, and $9,000 for online accounting masters programs. Solve Price & Efficiency Variance Quiz Questions, download Google eBook (Free Sample) for online business administration degree classes.

Direct Cost Variances & Management Control MCQ with Answers PDF Download: Quiz 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

  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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