Cost Accounting MCQs

Cost Accounting MCQ - Topics

Practice Production Volume Variance Multiple Choice Questions (MCQ Quiz), Production Volume Variance quiz answers PDF to study cost accounting course for cost accounting online classes. Flexible Budget: Overhead Cost Variance Multiple Choice Questions and Answers (MCQs), Production Volume Variance quiz questions for online business degree. Production Volume Variance Book PDF: variable and fixed overhead costs, cost variance analysis and activity based costing test prep for free online classes.

"The production volume variance is also called" MCQ PDF: production volume variance App APK with denominator level variance, numerator level variance, price level variance, and cost level variance choices for online business degree. Learn production volume variance quiz questions for merit scholarship test and certificate programs for online BBA courses.

## MCQ on Production Volume Variance Quiz

MCQ: The production volume variance is also called

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

MCQ: If the fixed overhead allocated for actual output unit is \$7500 and budgeted fixed overhead is \$21000, then the production volume variance will be

\$16,500
\$15,500
\$14,500
\$13,500

MCQ: If the fixed overhead allocated for actual output unit is \$9800 and budgeted fixed overhead is \$22000, then production volume variance would be

\$31,800
\$12,300
\$12,200
\$41,800

MCQ: If fixed overhead allocated for actual output units is \$36000 and the production volume variance is \$7000, then budgeted fixed overhead will be

\$43,000
\$42,000
\$29,000
\$19,000

MCQ: In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as

lump sum price amount
lump sum fixed cost
lump sum variable cost
lump sum manufacturing cost

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