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Planning of Variable and Fixed Overhead Costs MCQs Quiz Online PDF Download eBook

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"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. Practice planning of variable and fixed overhead costs quiz questions for merit scholarship test and certificate programs for online business university. Planning of Variable and Fixed Overhead Costs Video

MCQs on Planning of Variable and Fixed Overhead Costs PDF Download eBook

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

  1. machine hours
  2. flexible hours
  3. variable hours
  4. fixed hours

A

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

  1. overhead flexible budget variance
  2. overhead fixed budget variance
  3. overhead flexible cost variance
  4. overhead flexible price variance

A

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

  1. constant costing
  2. standard costing
  3. unit costing
  4. batch costing

B

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

  1. variable overhead cost
  2. fixed overhead cost
  3. fixed batch cost
  4. variable batch cost

A

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

  1. actual cost budget
  2. flexible budget variance
  3. inflexible budget
  4. hourly budget

B