BBA Cost Accounting MCQs – Practice Test 1 (Chapter 19)

Flexible Budget: Overhead Cost Variance MCQs with Answers PDF Download – Test 1

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Free "Flexible Budget: Overhead Cost Variance MCQs" App Download with MCQ: Production volume variance is also called; with answers: numerator level variance, denominator level variance, price level variance, and cost level variance. Solve Price & Efficiency Variance Quiz Questions, download Google e-Book (Free Chapter) for digital learning success.

Flexible Budget Overhead Cost Variance MCQs – Practice Test 1 PDF Download

MCQ 1: The production volume variance is also called:

denominator level variance
numerator level variance
price level variance
cost level variance

MCQ 2: In the budgeted fixed overhead rate, the number of machine hours are considered as:

denominator level
numerator level
fixed level
variable level

MCQ 3: 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

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:

$39,000
$49,000
$59,000
$73,000

MCQ 5: 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

BBA Cost Accounting MCQs App & e-Book – Flexible Budget: Overhead Cost Variance Study Guide

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