BBA Finance Degree Courses

Chapter 19: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 19

# Flexible Budget: Overhead Cost Variance Multiple Choice Questions (MCQs) PDF Download - 1

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The Multiple Choice Question (MCQ Quiz): Production volume variance is also called; "Flexible Budget: Overhead Cost Variance" App Download (Free) with answers: Numerator level variance; Denominator level variance; Price level variance; Cost level variance; for free online classes. Solve Price & Efficiency Variance Quiz Questions, download Google eBook (Free Sample) for online BBA courses.

## Flexible Budget Overhead Cost Variance Questions and Answers : MCQ Quiz 1

MCQ 1:

The production volume variance is also called

1. denominator level variance
2. numerator level variance
3. price level variance
4. cost level variance
MCQ 2:

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

1. denominator level
2. numerator level
3. fixed level
4. variable level
MCQ 3:

An indirect support labor costs and costs of indirect energy are considered as

1. variable batch costs
2. fixed batch costs
3. variable setup costs
4. fixed setup costs
MCQ 4:

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

1. \$39,000
2. \$49,000
3. \$59,000
4. \$73,000
MCQ 5:

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

1. potential cost response
2. potential budget response
3. potential management response
4. potential price response

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