Variable and Fixed Overhead Costs Quiz with Answers PDF Download – Test 185

MCQ 921: If the budgeted total cost in fixed overhead is $385000 and the budgeted total quantity is $6730, then budgeted fixed overhead cost per unit will be:

1. $57.21 per unit
2. $67.21 per unit
3. $77.21 per unit
4. $87.21 per unit

MCQ 922: In flexible budget analysis, the variable overhead flexible budget variance is equal to:

1. fixed cost-variable budget amount
2. actual cost-flexible budget amount
3. variable cost-allocated amount
4. actual cost-variable amount

MCQ 923: The flexible budget amount is added in to variable overhead flexible budget variance to calculate:

1. manufacturing costs incurred
2. variable costs incurred
3. fixed costs incurred
4. actual costs incurred

MCQ 924: The gross margin percentage in constant gross-margin percentage NRV method is based on:

1. total labor costs
2. total production
3. total revenues
4. total costs

MCQ 925: The translation of organization strategy, and mission into performance measures to provide framework for strategy implementation is termed as:

1. differentiation scorecard
2. bargaining scorecard
3. leadership scorecard
4. balanced scorecard