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MBA Cost Accounting Study Material: Practice Test 7 (Chapter 16)
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The Direct Cost Variances and Management Control Quiz Questions and Answers PDF (Direct Cost Variances and Management Control Quiz PDF e-Book) download Ch. 16-7 to learn MBA Cost Accounting Course. Practice Price and Efficiency Variance MCQs, Direct Cost Variances and Management Control MCQ questions and answers PDF for grad cert business administration. The MBA Cost Accounting Quiz App Download: Free Direct Cost Variances and Management Control Quiz App to learn static budget: cost accounting career test for business administration bachelor degree online.
The Quiz: If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be; "Direct Cost Variances and Management Control" App (iOS, Android) with answers: $3,500, $4,500, $2,500, and $1,500 for online masters in accounting. Study Nonlinearity & Cost Functions Quiz Questions, download Google Book (Free Sample) for grad cert business administration.
If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be
An efficiency variance is subtracted from actual input quantity to calculate
An actual cost is subtracted from flexible budget cost to calculate
The difference between an actual budget and the corresponding amount in static budget is classified as
If an actual input price is $70 and the budgeted input price is $40, then the price variance will be
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