Throughput Costing Notes Questions with Answers PDF Download - 35

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

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

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

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

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