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"If the variable overhead flexible budget variance is \$26000 and the flexible budget amount is \$15000, then the actual incurred costs will be", variable and fixed overhead costs Multiple Choice Questions (MCQ) with choices \$11,000, \$21,000, \$31,000, and \$41,000 for online business administration and management degree. Learn flexible budget overhead cost variance questions and answers to improve problem solving skills for bachelor's degree in business. Variable & Fixed Overhead Costs Video

Variable and Fixed Overhead Costs Quiz

MCQ: If the variable overhead flexible budget variance is \$26000 and the flexible budget amount is \$15000, then the actual incurred costs will be

1. \$21,000
2. \$11,000
3. \$31,000
4. \$41,000

D

Customer Response Time and On Time Performance Quiz

MCQ: The sum of manufacturing and waiting time for an order is classified as

1. manufacturing efficiency time
2. manufacturing cycle time
3. responding time
4. value chain time

B

Cost Analysis Quiz

MCQ: The direct service labor is \$5000, the idle time wages are \$1000 and the overtime premium is \$450, then the total figure would be

1. \$4,450
2. \$6,450
3. \$21,500
4. \$14,300

B

Retail Organizations: Inventory Management Quiz

MCQ: If the demand in units are 18000, relevant ordering cost for each year is \$150 and an order quantity is 1500, then annual relevant ordering cost would be

1. \$200
2. \$190
3. \$160
4. \$180

D

Inventory Types, Inventoriable Cost and Period Cost Quiz

MCQ: In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

1. inventoriable costs
2. finished costs