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Variations from Normal Costing Quiz Questions and Answers PDF Download eBook - 43

Variations from Normal Costing quiz questions and answers, variations from normal costing MCQs with answers PDF 43 to practice accounting mock tests for online graduate programs. Practice "Job Costing" quiz questions with answers, variations from normal costing Multiple Choice Questions (MCQ) for online accounting degree. Free variations from normal costing MCQs, cvp analysis, price and efficiency variance, product budgeting life cycle and costing, inventory costing: manufacturing companies, variations from normal costing test prep for online schools for business management degrees.

"If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be", variations from normal costing Multiple Choice Questions (MCQ) with choices $3,730,000, $4,730,000, $2,730,000, and $1,730,000 for online business management classes. Learn job costing questions and answers to improve problem solving skills for free online classes. Variations from Normal Costing Video

Quiz on Variations from Normal Costing PDF Download eBook

Variations from Normal Costing Quiz

MCQ: If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be

  1. $4,730,000
  2. $3,730,000
  3. $2,730,000
  4. $1,730,000

C

Inventory Costing: Manufacturing Companies Quiz

MCQ: The difference between absorption and variable costing is the accountability of

  1. direct overhead
  2. indirect overhead cost
  3. fixed manufacturing cost
  4. variable manufacturing cost

C

Product Budgeting Life Cycle and Costing Quiz

MCQ: A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called

  1. product life cycle
  2. life cycle budgeting
  3. life cycle costing
  4. target costing

C

Price and Efficiency Variance Quiz

MCQ: If the actual cost is $356000 and the flexible budget cost is $255000, then the flexible budget variance will be

  1. $104,000
  2. $103,000
  3. $101,000
  4. $102,000

C

CVP Analysis Quiz

MCQ: The contribution margin per unit is multiplied to number of units sold to calculate

  1. revenue margin
  2. variable margin
  3. contribution margin
  4. divisor margin

C