MBA Cost Accounting MCQs - Chapter 19

Flexible Budget: Overhead Cost Variance Multiple Choice Questions (MCQ) PDF - 4

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The MCQ Quiz: A measure which evaluates overall tradeoff and effect among non-financial performance measure is; "Flexible Budget Overhead Cost Variance" App APK Download (Free) with answers financial measures, non-financial measures, effective measure, and lump sum measure for online accounting masters programs. Practice overhead cost variance analysis quiz questions, download Kindle eBook (Free Sample) for online schools for business degrees.

Flexible Budget Overhead Cost Variance Questions & Answers PDF Download: MCQ Quiz 4

MCQ 16: A measure which evaluates overall tradeoff and effect among non-financial performance measure is

A) non-financial measures

B) financial measures

C) effective measure

D) lump sum measure

MCQ 17: If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be

A) $518,750

B) $418,750

C) $218,750

D) $318,750

MCQ 18: The costing technique, which classify all the activities in costing hierarchy is classified as

A) activity based costing

B) non-financial costing

C) profit costing

D) lump sum costing

MCQ 19: If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be

A) $142,500

B) $112,500

C) $122,500

D) $132,500

MCQ 20: An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as

A) variable batch costs

B) fixed batch costs

C) variable setup costs

D) fixed setup costs

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