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MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 48

# Variable and Fixed Overhead Costs MCQ Questions and Answers PDF - 48

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The MCQ Quiz If the variable overhead flexible budget variance is \$26000 and the flexible budget amount is \$15000, then the actual incurred costs will be: \$11,000, \$21,000, \$31,000 and \$41,000 with "Variable & Fixed Overhead Costs" App APK Download (Free) for online graduate programs. Study flexible budget overhead cost variance questions and answers, Apple Book to download free sample for bachelor's degree in business.

## Variable & Fixed Overhead Costs MCQ with Answers : Quiz 48

MCQ 236: If the variable overhead flexible budget variance is \$26000 and the flexible budget amount is \$15000, then the actual incurred costs will be

A) \$21,000
B) \$11,000
C) \$31,000
D) \$41,000

MCQ 237: The sum of manufacturing and waiting time for an order is classified as

A) manufacturing efficiency time
B) manufacturing cycle time
C) responding time
D) value chain time

MCQ 238: The direct service labor is \$5000, the idle time wages are \$1000 and the overtime premium is \$450, then the total figure would be

A) \$4,450
B) \$6,450
C) \$21,500
D) \$14,300

MCQ 239: If the demand in units are 18000, relevant ordering cost for each year is \$150 and an order quantity is 1500, then annual relevant ordering cost would be

A) \$200
B) \$190
C) \$160
D) \$180

MCQ 240: In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

A) inventoriable costs
B) finished costs

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