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MBA Cost Accounting Exam Prep: Practice Test 12 (Chapter 16)

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

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The Direct Cost Variances and Management Control Notes 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 Notes App to Download Free MBA Cost Accounting App to study 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, and cost variance to learn certification courses online. Practice Planning of Variable & Fixed Overhead Costs Quiz Questions, download Kobo eBook (Free Chapter) 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

  1. favorable variance
  2. unfavorable variance
  3. revenue variance
  4. cost variance
MCQ: 57

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

  1. cost variance is favorable
  2. cost variance is unfavorable
  3. price variance is favorable
  4. 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

  1. $36,000
  2. $60,000
  3. $26,000
  4. $50,000
MCQ: 59

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

  1. initial offering cost
  2. batch marketing cost
  3. product marketing cost
  4. 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

  1. 600 units
  2. 200 units
  3. 400 units
  4. 500 units

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Direct Cost Variances and Management Control Notes App (Android & iOS)

Direct Cost Variances & Management Control Notes App

Cost Accounting Notes App (iOS & Android)

Cost Accounting Notes App

BBA Economics Notes App (iOS & Android)

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Human Resource Management (BBA) Notes App