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MBA Cost Accounting Entrance Tests: Practice Test 2 (Chapter 16)

Direct Cost Variances and Management Control Multiple Choice Questions (MCQ) PDF Download - 2

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The Direct Cost Variances and Management Control Multiple Choice Questions (MCQ Quiz) with Answers PDF (Direct Cost Variances and Management Control MCQ PDF e-Book) download Ch. 16-2 to learn MBA Cost Accounting Course. Solve Efficiency Variance in Accounting Multiple Choice Questions (MCQs), Direct Cost Variances and Management Control quiz with answers PDF for bachelors degree in accounting online. The Direct Cost Variances and Management Control MCQ App to Download Free MBA Cost Accounting App to learn price and efficiency variance career test for online bachelor's degree in business management.

The MCQs: An actual input quantity is 200 units and the budgeted input quantity is 50 units, then the efficiency variance will be; "Direct Cost Variances and Management Control" App (Android, iOS) with answers: 250 units, 275 units, 150 units, and 650 units for bachelors degree in accounting online. Practice Price & Efficiency Variance Quiz Questions, download Apple Book (Free Chapter) for best online colleges for business administration.

Direct Cost Variances & Management Control MCQs with Answers PDF Download: Quiz 2

MCQ: 6

An actual input quantity is 200 units and the budgeted input quantity is 50 units, then the efficiency variance will be

  1. 275 units
  2. 250 units
  3. 150 units
  4. 650 units
MCQ: 7

The degree which predetermines target or income achieved, can be grouped under

  1. growth evaluation
  2. performance evaluation
  3. efficiency
  4. effectiveness
MCQ: 8

If the budgeted input price is $50, the price variance is $30 then an actual price will be

  1. $100
  2. $20
  3. $80
  4. $60
MCQ: 9

The quantity of input which is carefully determined is called

  1. output unit
  2. input unit
  3. standard input
  4. standard output
MCQ: 10

If the actual cost is $356000 and the flexible budget cost is $255000, then the flexible budget variance will be

  1. $104,000
  2. $103,000
  3. $101,000
  4. $102,000

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