Flexible Budget: Cost Accounting MCQ with Answers PDF Download – Test 112

MCQ 556: If the sales budget variance is $47000 and the flexible budget amount is $77000, then the static budget amount will be:

1. $144,000
2. $134,000
3. $124,000
4. $30,000

MCQ 557: The point at which the control functions and the planning of management come together is known as:

1. functioning
2. variance
3. variation
4. deviation

MCQ 558: If the variable cost per unit is $25 and the quantity of units sold is 5000, then the total variable cost would be:

1. $155,000
2. $125,000
3. $135,000
4. $145,000

MCQ 559: If the break-even number of units are 200 units and the fixed cost is $80000, then the contribution margin per unit will be:

1. $400
2. $600
3. $800
4. $1,000

MCQ 560: The method which divides the support department cost into two dimensions such as fixed and variable cost pool is classified as:

1. sales mix allocation method
2. dual-rate cost-allocation method
3. single rate cost allocation method
4. quantity variance allocation method