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# Price and Efficiency Variance Multiple Choice Questions (MCQ) PDF Download

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The Price and Efficiency Variance Multiple Choice Questions (MCQ Quiz) with Answers PDF, Price and Efficiency Variance MCQ PDF e-Book download to practice MBA Cost Accounting Tests. Learn Direct Cost Variances and Management Control Multiple Choice Questions and Answers (MCQs), Price and Efficiency Variance quiz answers PDF for bachelors degree online. The Price and Efficiency Variance MCQ App Download: Free learning app for use of variances, price and efficiency variance test prep for online business management degree programs.

The MCQ: If actual input price is \$150 and budgeted input price is \$80, then price variance will be; "Price and Efficiency Variance" App Download (Free) with answers: \$130; \$70; \$150; \$80; for bachelors degree online. Practice Price and Efficiency Variance Quiz Questions, download Google eBook (Free Sample) for online college courses.

## Price and Efficiency Variance MCQs: Questions and Answers

MCQ 1:

If the actual price input is \$700, the budgeted price of input is \$400 and the actual quantity of input are 50 units, then the price variance will be

1. \$15,000
2. \$13,000
3. \$11,000
4. \$9,000
MCQ 2:

If the actual input price is \$150 and the budgeted input price is \$80, then the price variance will be

1. \$130
2. \$70
3. \$150
4. \$80
MCQ 3:

The standard input allows one unit, to be divided by standard cost per output unit, for variable direct cost input to calculate

1. standard price per input unit
2. standard price per output unit
3. standard cost per input unit
4. standard cost per output unit
MCQ 4:

If the flexible budget variance is \$105000, the actual cost is \$65000 then the flexible budget cost will be

1. \$40,000
2. \$50,000
3. \$150,000
4. \$170,000
MCQ 5:

The degree which predetermines target or income achieved, can be grouped under

1. growth evaluation
2. performance evaluation
3. efficiency
4. effectiveness

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