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Cost Variance Analysis and Activity Based Costing Quiz Questions and Answers PDF Download eBook p. 163

Cost Variance Analysis and Activity Based Costing quiz questions and answers, cost variance analysis and activity based costing MCQs with answers PDF 163 to practice accounting mock tests for online graduate programs. Practice "Flexible Budget Overhead Cost Variance" quiz questions with answers, cost variance analysis and activity based costing Multiple Choice Questions (MCQ) for online accounting degree. Free cost variance analysis and activity based costing MCQs, normal costings, types of inventory, sensitivity analysis and uncertainty, flexible budget variance, cost variance analysis and activity based costing test prep for online BS business administration.

"An activity based costing hierarchy includes", cost variance analysis and activity based costing Multiple Choice Questions (MCQ) with choices output unit level, batch level, facility and product sustaining, and all of above for accredited online business management degree. Learn flexible budget overhead cost variance questions and answers to improve problem solving skills for online master's degree in business management. Cost Variance Analysis & Activity Based Costing Video

Quiz on Cost Variance Analysis & Activity Based Costing PDF Download eBook

Cost Variance Analysis and Activity Based Costing Quiz

MCQ: An activity based costing hierarchy includes

  1. batch level
  2. output unit level
  3. facility and product sustaining
  4. all of above

D

Flexible Budget Variance Quiz

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

  1. $15,000
  2. $35,000
  3. $65,000
  4. $75,000

C

Sensitivity Analysis and Uncertainty Quiz

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

  1. investment planning models
  2. financial planning models
  3. cost planning models
  4. revenues forecast models

B

Types of Inventory Quiz

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

  1. direct materials inventory
  2. work in process inventory
  3. finished goods inventory
  4. indirect material inventory

D

Normal Costings Quiz

MCQ: 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

  1. $168,750
  2. $148,570
  3. $186,750
  4. $125,680

A