MBA Cost Accounting Practice Test 163

Cost Variance Analysis and Activity Based Costing Quiz PDF: Questions and Answers - 163

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Cost Variance Analysis & Activity Based Costing Questions and Answers PDF Download: Quiz 163

MCQ 811: An activity based costing hierarchy includes

A) batch level

B) output unit level

C) facility and product sustaining

D) all of above

MCQ 812: If the flexible budget amount is $40000 and variable overhead flexible budget variance is $25000, then actual costs incur will be

A) $15,000

B) $35,000

C) $65,000

D) $75,000

MCQ 813: The model which refers possibility for management to conduct sensitivity analysis can be categorized under

A) investment planning models

B) financial planning models

C) cost planning models

D) revenues forecast models

MCQ 814: In cost accounting, the types of inventory do not include

A) direct materials inventory

B) work in process inventory

C) finished goods inventory

D) indirect material inventory

MCQ 815: If the budgeted indirect cost is $225 and the budgeted cost allocation base is $750 per hour, then the annual indirect cost (budgeted) would be

A) $168,750

B) $148,570

C) $186,750

D) $125,680

MBA Cost Accounting Exam Prep Tests

Budgets and Budgeting Cycle MCQs

Breakeven Point and Target Income MCQs

Estimating Cost Functions MCQs

Cost Estimation Functions MCQs

Curves and Nonlinear Cost Function MCQs

Inventory Costing Methods MCQs

Budgeting and Responsibility Accounting MCQs

Broad Averaging and Consequence MCQs

Transferred In Costs: Process Costing MCQs

Specification Analysis : Estimation Assumptions MCQs

CVP Analysis MCQs

Regression Line MCQs

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