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Cost Accounting MCQs

Cost Accounting MCQs - Subtopic

Planning of Variable and Fixed Overhead Costs MCQ with Answers PDF

Solve Planning of Variable and Fixed Overhead Costs Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with career test for online courses. Practice overhead cost variances and management control Multiple Choice Questions and Answers (MCQs), Planning of Variable and Fixed Overhead Costs quiz questions and answers for online college courses. "Planning of Variable and Fixed Overhead Costs MCQ" PDF Book: overhead cost variances & management control test prep for online schools for business management.

"The cost allocation base used by an operating manager is classified as" Multiple Choice Questions (MCQ) on planning of variable and fixed overhead costs with choices machine hours, flexible hours, variable hours, and fixed hours for online college courses. Learn planning of variable and fixed overhead costs quiz questions for merit scholarship test and certificate programs for online business university.

MCQs on Planning of Variable and Fixed Overhead Costs

1.

The cost allocation base used by an operating manager is classified as

machine hours
flexible hours
variable hours
fixed hours

2.

The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as

overhead flexible budget variance
overhead fixed budget variance
overhead flexible cost variance
overhead flexible price variance

3.

The costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as

constant costing
standard costing
unit costing
batch costing

4.

An energy, machine maintenance, indirect materials and engineering support are considered as

variable overhead cost
fixed overhead cost
fixed batch cost
variable batch cost

5.

The budget, which highlights the difference between actual quantity and budgeted quantity is termed as

actual cost budget
flexible budget variance
inflexible budget
hourly budget
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