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BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting MCQs – Practice Test 7 (Chapter 16)

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Study 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 BBA Cost Accounting Course. Practice Price and Efficiency Variance MCQs, Direct Cost Variances and Management Control MCQ questions and answers PDF for online degree learning. Download the BBA Cost Accounting Learning App: Free Direct Cost Variances and Management Control Quiz App to learn static budget: cost accounting career test to learn accounting remotely.

Free "BBA Cost Accounting" App (Android & iOS) with MCQ: 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; with answers: $3,500, $4,500, $2,500, and $1,500 for accounting academic portals. Learn Nonlinearity & Cost Functions Quiz Questions, download Google Book (Free Chapter) for online degree learning.

Direct Cost Variances & Management Control Quiz – Practice Test 7 PDF Download

MCQ 31: 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:

  1. $4,500
  2. $3,500
  3. $2,500
  4. $1,500

MCQ 32: An efficiency variance is subtracted from actual input quantity to calculate:

  1. actual quantity manufactured
  2. budgeted quantity manufactures
  3. budgeted quantity sold
  4. budgeted input quantity

MCQ 33: An actual cost is subtracted from flexible budget cost to calculate:

  1. positive cost variance
  2. negative cost variance
  3. flexible budget variance
  4. flexible cost variance

MCQ 34: The difference between an actual budget and the corresponding amount in static budget is classified as:

  1. correspondent budget
  2. full budget variance
  3. methodology variance
  4. static budget variance

MCQ 35: If an actual input price is $70 and the budgeted input price is $40, then the price variance will be:

  1. $120
  2. $50
  3. $110
  4. $30

Direct Cost Variances & Management Control Quiz App & e-Book – BBA Cost Accounting Study Material

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