BBA: Finance Courses

Chapter 19: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 19

Flexible Budget: Overhead Cost Variance Quiz Questions and Answers PDF - 11

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The Quiz: Usage of more resources to develop fundamental standards is classified as; "Flexible Budget Overhead Cost Variance" App Download iOS & Android (Free) with answers potential management response, potential budget response, potential price response and potential cost response to learn online certification courses. Study variable and fixed overhead costs quiz questions, download Amazon eBook (Free Sample) for business management classes online.

Flexible Budget Overhead Cost Variance Questions & Answers PDF Download: MCQ Quiz 11

MCQ 51: Usage of more resources to develop fundamental standards is classified as

A) potential budget response
B) potential management response
C) potential price response
D) potential cost response

MCQ 52: If the cost of indirect support labor is $5000, equipment maintenance setup cost is $7000 and machinery leasing cost is $4000 then variable fixed cost will be

A) $16,000
B) $12,000
C) $18,000
D) $21,000

MCQ 53: If fixed overhead allocated for actual output units is $25000 and the production volume variance is $9000, then budgeted fixed overhead will be

A) $34,000
B) $24,000
C) $16,000
D) $18,000

MCQ 54: To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from

A) flexible budget amount
B) constant amount
C) variable amount
D) production amount

MCQ 55: The first step in developing cost rate for budgeted variable overhead is to

A) choose the budgeting period
B) select allocation bases
C) identify variable overhead cost
D) compute the per unit rate

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Flexible Budget Overhead Cost Variance App (Android & iOS)

Flexible Budget Overhead Cost Variance App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Marketing Principles App (Android & iOS)

Marketing Principles App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)