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# Price and Efficiency Variance Quiz PDF: Questions and Answers - 75

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The Price and Efficiency Variance Quiz Questions and Answers PDF (Price and Efficiency Variance Quiz Answers PDF e-Book) download Ch. 16-75 to solve MBA Cost Accounting Practice Tests. Learn Direct Cost Variances and Management Control MCQ Questions PDF, Price and Efficiency Variance Multiple Choice Questions (MCQ Quiz) for online certificate programs. The Price and Efficiency Variance Trivia App: Download free educational app for price and efficiency variance, allocating costs: multiple support departments, budgets and budgeting cycle, variable and fixed overhead costs, strategic decisions test prep for online business administration degree classes.

The Quiz: Actual price of material is less than budgeted price, this means that; "Price & Efficiency Variance" App Download (iOS & Android) with answers: Price variance is unfavorable; Price variance is favorable; Cost variance is favorable; Cost variance is unfavorable; for online business administration degree classes. Study Direct Cost Variances and Management Control Questions and Answers, Google eBook to download free sample for online classes business administration.

## Price & Efficiency Variance Questions and Answers : Quiz 75

MCQ 371:

The actual price of material is less than budgeted price, this means that

1. price variance is favorable
2. price variance is unfavorable
3. cost variance is favorable
4. cost variance is unfavorable
MCQ 372:

The costs, which consist of interdepartmental cost allocations plus cost of support department are classified as

1. complete reciprocal costs
2. artificial costs
3. operating costs
4. flexible operating costs
MCQ 373:

The type of plan of a company, which quantities the expectations of cash flows, income and financial position is known as

1. budget
2. batching
3. complexity
4. process
MCQ 374:

If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is \$250, then budgeted fixed overhead output unit will be

1. \$142,500
2. \$112,500
3. \$122,500
4. \$132,500
MCQ 375:

The quantitative expression of decided plan and coordination, for plan implementation is known as

1. cost format
2. decided plan
3. coordination plan
4. budget

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Price & Efficiency Variance App (Android & iOS)

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