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Production Volume Variance Multiple Choice Questions (MCQ) PDF Download

The e-Book Production Volume Variance Multiple Choice Questions (MCQ Quiz) with answers, Production Volume Variance MCQs PDF download to study online accounting degree courses. Practice Flexible Budget: Overhead Cost Variance Multiple Choice Questions and Answers (MCQs), Production Volume Variance quiz answers PDF for online business degree. The Production Volume Variance MCQ App Download: Free learning app for variable and fixed overhead costs, cost variance analysis and activity based costing test prep for free online classes.

The MCQ Production volume variance is also called: denominator level variance, numerator level variance, price level variance and cost level variance with "Production Volume Variance" App Download (Free) for online business degree. Study production volume variance quiz questions, download Google eBook (Free Sample) for online BBA courses.

Production Volume Variance MCQ Quiz PDF Download: Accounting MCQs

MCQ 1: The production volume variance is also called

A) denominator level variance
B) numerator level variance
C) price level variance
D) cost level variance

MCQ 2: If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be

A) $16,500
B) $15,500
C) $14,500
D) $13,500

MCQ 3: If the fixed overhead allocated for actual output unit is $9800 and budgeted fixed overhead is $22000, then production volume variance would be

A) $31,800
B) $12,300
C) $12,200
D) $41,800

MCQ 4: If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be

A) $43,000
B) $42,000
C) $29,000
D) $19,000

MCQ 5: In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as

A) lump sum price amount
B) lump sum fixed cost
C) lump sum variable cost
D) lump sum manufacturing cost

MBA Cost Accounting Practice Tests

Production Volume Variance Learning App & Free Study Apps

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Cost Accounting App (Android & iOS)

ALL-in-ONE Learning App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)