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Activity Based Costing Systems quiz questions and answers, activity based costing systems MCQs with answers PDF 193 to practice accounting mock tests for online graduate programs. Practice "Activity based Costing and Management" quiz questions with answers, activity based costing systems Multiple Choice Questions (MCQ) for online accounting degree. Free activity based costing systems MCQs, planning of variable and fixed overhead costs, sales volume variance, specification analysis : estimation assumptions, production volume variance, activity based costing systems test prep for online courses for business management degree.

"The costing system, in which individual activities are identified as the cost object, is considered as", activity based costing systems Multiple Choice Questions (MCQ) with choices activity based costing, manufactured costing, allocation costing, and base costing for business management degree online. Learn activity based costing and management questions and answers to improve problem solving skills for online BS business administration. Activity Based Costing Systems Video

Activity Based Costing Systems Quiz

MCQ: The costing system, in which individual activities are identified as the cost object, is considered as

1. manufactured costing
2. activity based costing
3. allocation costing
4. base costing

B

Production Volume Variance Quiz

MCQ: If fixed overhead allocated for actual output units is \$25000 and the production volume variance is \$9000, then budgeted fixed overhead will be

1. \$34,000
2. \$24,000
3. \$16,000
4. \$18,000

A

Specification Analysis : Estimation Assumptions Quiz

MCQ: If the difference in costs is \$16000 and the slope coefficient is 0.40, then difference in machine hours would be

1. \$50,000
2. \$5,400
3. \$6,400
4. \$40,000

D

Sales Volume Variance Quiz

MCQ: If the static budget amount is \$6000 and the flexible budget amount is \$15000, then the sales volume variance will be

1. \$9,000
2. \$8,000
3. \$12,000
4. \$21,000

A

Planning of Variable and Fixed Overhead Costs Quiz

MCQ: In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating

1. flexible costs
2. variable costs