BBA: Finance Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 95

Price and Efficiency Variance Quiz PDF: Questions and Answers - 95

Free Price and Efficiency Variance Quiz Questions and Answers, price and efficiency variance Quiz MCQs PDF, chapter 16-95 to study online accounting degree programs. Study Direct Cost Variances and Management Control MCQ Questions PDF, price and efficiency variance Multiple Choice Questions (MCQ Quiz) for online college degrees. Free educational app: Price and Efficiency Variance Trivia App Download & e-Book for price and efficiency variance, breakeven point and target income, indirect costs allocation, activity based costing systems, revenue allocation methods test prep for online classes for business management degree.

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Price & Efficiency Variance Questions and Answers PDF Download: Quiz 95

MCQ 471: In cost accounting, the goal of variance analysis is to

A) understand variance reason
B) improve future performance
C) learning of improvement
D) all of above

MCQ 472: If the contribution margin per unit is $1000 and the contribution margin percentage is 25%, then the selling price would be

A) $2,500
B) $4,000
C) $3,800
D) $3,800

MCQ 473: If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect cost will be

A) $78,000
B) −$78000
C) −$8000
D) $8,000

MCQ 474: In activity based costing system, the description of activity can be classified as

A) activity list
B) activity dictionary
C) active purpose
D) both a and b

MCQ 475: The method, which uses specific information on products as weights to allocate bundled revenues for each product in bundle is classified as

A) step down allocation method
B) stand-alone revenue allocation method
C) incremental revenue allocation method
D) revenue mix allocation method

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)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)

Marketing Principles App (Android & iOS)

Marketing Principles App (Android & iOS)