Bachelor Of Business Administration

Cost Accounting Quizzes

Cost Accounting BBA MCQs - Complete

Variable and Fixed Overhead Costs Questions and Answers p. 36

Variable and Fixed Overhead Costs trivia questions and answers, variable and fixed overhead costs quiz answers PDF 36 to practice Cost Accounting BBA 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 college degrees. Free variable and fixed overhead costs MCQs, insourcing versus outsourcing, value engineering, insurance and lock in costs, accounting strategy, product budgeting life cycle and costing, variable and fixed overhead costs test prep for accredited online business management degree.

"If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be", variable and fixed overhead costs Multiple Choice Questions (MCQ) with choices $152,500, $182,500, $162,500, and $172,500 for online schools for business administration. Learn flexible budget overhead cost variance questions and answers to improve problem solving skills for online business and administration degree.

Trivia Quiz on Variable & Fixed Overhead Costs

1.

If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be

$182,500
$152,500
$162,500
$172,500

2.

The total cost incur by customer to use, acquire, maintain and dispose service or product is classified as

budgeted life cycle
targeted life cycle
customer life cycle
operating life cycle

3.

An organization's ability to offer market offerings at lower prices, in comparison with its competitors is known as

inelastic demand
product differentiation
cost leadership
elastic demand

4.

If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under

designed-in costs
locked-in costs
value added cost
non-value added cost

5.

The decisions made by team of individuals or single person, whether to outsource the products or in-source are classified as

demand or supply decisions
make or buy decisions
relevant or irrelevant decision
idle or busy decisions