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Variable and Fixed Overhead Costs Questions and Answers PDF Download eBook

Variable and Fixed Overhead Costs trivia questions and answers, variable and fixed overhead costs quiz answers PDF 48 to practice accounting exam questions for online classes. Practice "Flexible Budget Overhead Cost Variance" trivia questions and answers, variable and fixed overhead costs Multiple Choice Questions (MCQ) for online accounting degree. Free variable and fixed overhead costs MCQs, inventory types, inventoriable cost and period cost, retail organizations: inventory management, cost analysis, customer response time and on time performance, variable and fixed overhead costs test prep for accredited online schools for business management.

"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

Trivia Quiz on Variable & Fixed Overhead Costs PDF Download eBook

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
  3. factory overhead costs
  4. manufacturing overhead costs

A