Throughput Costing Notes Questions with Answers PDF Download – Test 35

MCQ 171: If the revenues are $25000 and through put contribution is $12000, then direct material cost of goods sold will be:

1. $57,000
2. $37,000
3. $47,000
4. $13,000

MCQ 172: The material or anything for which cost is to be measured is known as:

1. measurement object
2. cost object
3. accounting object
4. budget object

MCQ 173: In absorption costing, the contribution margin per unit, fixed operating and manufacturing costs are all the dependents of:

1. profit point
2. breakeven point
3. production point
4. cost point

MCQ 174: An approach which yields the benefits of normal costing and the actual manufacturing overhead is classified as:

1. unadjusted allocation rate approach
2. adjusted budget rate approach
3. unadjusted budget rate approach
4. adjusted allocation rate approach

MCQ 175: If the static budget is $208000 and the flexible budget amount is $305000, then the sales budget variance will be:

1. $67,000
2. $97,000
3. $57,000
4. $47,000