Variable and Fixed Overhead Costs Quiz PDF: Questions and Answers - 19

MCQ 91: The step of installing production scheduling procedure, to improve plant operations is considered as

1. potential cost response
2. potential budget response
3. potential management response
4. potential price response

MCQ 92: The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be

1. $27,000
2. $13,000
3. $130,000
4. $29,500

MCQ 93: The activities related to coordinating, controlling and planning flow of inventory are classified as

1. decisional management
2. throughput management
3. inventory management
4. manufacturing management

MCQ 94: An actual input quantity is 200 units and the budgeted input quantity is 50 units, then the efficiency variance will be

1. 275 units
2. 250 units
3. 150 units
4. 650 units

MCQ 95: The quality aspect, that refers how well the product fulfills the customer demands, is classified as

1. learning quality
2. design quality
3. conformance quality
4. business process quality