BBA: Finance Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 76

Price and Efficiency Variance Multiple Choice Questions (MCQ) PDF - 76

Free Price and Efficiency Variance MCQ Questions, price and efficiency variance quiz answers PDF download chapter 16-76 to learn online accounting degree programs. Solve Direct Cost Variances and Management Control Test PDF, price and efficiency variance Multiple Choice Questions (MCQ Quiz) for online college degrees. Free certification app: Price and Efficiency Variance MCQ Quiz App Download & e-Book for price and efficiency variance, specification analysis : estimation assumptions, static budget variance, transfer pricing, inventory costing methods test prep for business administration bachelor degree online.

The MCQ Quiz: An actual rate paid to labor is greater than the budgeted rate, it means that the; "Price & Efficiency Variance" App APK Download (Free) with answers variance is unfavorable, cost is unfavorable, variance is favorable and cost is favorable for online accounting certifications. Study direct cost variances and management control questions and answers, Apple Book to download free sample for best online business management degree.

Price & Efficiency Variance Questions and Answers PDF Download: Quiz 76

MCQ 376: An actual rate paid to labor is greater than the budgeted rate, it means that the

A) cost is unfavorable
B) variance is unfavorable
C) variance is favorable
D) cost is favorable

MCQ 377: An error term, disturbance term or residual term is calculated as

A) U=A-b
B) u=A-a
C) u=Y-y
D) u=X-x

MCQ 378: If the sales volume variance is $8500 and the static budget amount is $2000, then the flexible budget amount would be

A) $6,500
B) $6,600
C) $6,700
D) $6,800

MCQ 379: If the opportunity cost per barrel is $45 per unit, incremental cost per barrel is $65, then minimum transfer price will be

A) $45
B) $110
C) $20
D) $65

MCQ 380: If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in

A) production exceeds breakeven sales
B) breakeven sales exceeds production
C) price exceeds cost
D) cost exceeds price

MBA Cost Accounting Exam Prep Tests

Price & Efficiency Variance Learning App & Free Study Apps

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Price & Efficiency Variance App (Android & iOS)

Price & Efficiency Variance App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)