MBA Cost Accounting MCQs - Chapter 16

Direct Cost Variances and Management Control Trivia Questions & Answers PDF Download - 12

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The Direct Cost Variances and Management Control Trivia Questions and Answers PDF (Direct Cost Variances and Management Control Quiz Answers PDF e-Book) download Ch. 16-12 to study MBA Cost Accounting Course. Solve Use of Variances MCQs, Direct Cost Variances and Management Control quiz questions and answers PDF to learn certification courses online. The Direct Cost Variances and Management Control Trivia App Download: Free educational app for price and efficiency variance, efficiency variance in accounting career test for online business and management degree.

The Quiz: The consideration of increased operating income relative to budgeted amount is classified as; "Direct Cost Variances and Management Control" App APK Download with answers: Unfavorable variance; Favorable variance; Revenue variance; Cost variance; for online BBA degree. Practice Planning of Variable & Fixed Overhead Costs Quiz Questions, download Kindle eBook (Free Sample) to learn certification courses online.

Direct Cost Variances & Management Control Test Questions and Answers PDF Download: MCQ 12

MCQ 56:

The consideration of increased operating income relative to budgeted amount is classified as

favorable variance
unfavorable variance
revenue variance
cost variance

MCQ 57:

If an actual price of material is $700 and the budgeted price is $900, then the

cost variance is favorable
cost variance is unfavorable
price variance is favorable
price variance is unfavorable

MCQ 58:

If the static budget variance is $38000 and the static budget amount is $12000, then an actual result would be

$36,000
$60,000
$26,000
$50,000

MCQ 59:

In costing and budgeting hierarchy, an example of product sustaining cost is

initial offering cost
batch marketing cost
product marketing cost
product design cost

MCQ 60:

If the actual input quantity is 300 units and the budgeted input quantity is 100 units, then the efficiency variance will be

600 units
200 units
400 units
500 units

MBA Cost Accounting Mock Tests

Direct Cost Variances and Management Control MCQs

Process Costing MCQs

Master Budget and Responsibility Accounting MCQs

Spoilage, Rework and Scrap MCQs

Capital Budgeting and Cost Benefit Analysis MCQs

Flexible Budget: Overhead Cost Variance MCQs

Budgeting and Accounting MCQs

Activity based Costing and Management MCQs

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