Cost Accounting MCQ Questions

Cost Accounting MCQs PDF - Chapters

Learn Flexible Budget Overhead Cost Variance multiple choice questions and answers, Flexible Budget Overhead Cost Variance quiz answers PDF to learn Cost Accounting worksheets 1 for online courses. Production Volume Variance MCQs, Flexible Budget Overhead Cost Variance trivia questions and answers for placement and to prepare for job interview. "Flexible Budget Overhead Cost Variance MCQ" PDF Book: production volume variance, variable and fixed overhead costs, cost variance analysis and activity based costing career test for free online classes.

"The production volume variance is also called" Multiple Choice Questions (MCQ) on flexible budget overhead cost variance with choices *numerator level variance, denominator level variance, price level variance, and cost level variance* for online business degree. Practice production volume variance quiz questions for jobs' assessment test and online courses for online BBA courses.

**MCQ**: The production volume variance is also called

denominator level variance

numerator level variance

price level variance

cost level variance

a

**MCQ**: In the budgeted fixed overhead rate, the number of machine hours are considered as

denominator level

numerator level

fixed level

variable level

a

**MCQ**: An indirect support labor costs and costs of indirect energy are considered as

variable batch costs

fixed batch costs

variable setup costs

fixed setup costs

c

**MCQ**: An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then the variable overhead efficiency variance is

$39,000

$49,000

$59,000

$73,000

a

**MCQ**: The step of installing production scheduling procedure, to improve plant operations is considered as

potential cost response

potential budget response

potential management response

potential price response

c

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