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Price and Efficiency Variance MCQs: App Download (Free Android & iOS)

MBA Cost Accounting Practice Test 76

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

The Price and Efficiency Variance MCQ with Answers PDF (Price and Efficiency Variance Multiple Choice Questions (MCQs) PDF e-Book) download Ch. 16-76 to study MBA Cost Accounting Practice Tests. Study Direct Cost Variances and Management Control Test PDF, Price and Efficiency Variance Multiple Choice Questions (MCQ Quiz) for best online business management degree. The Price and Efficiency Variance MCQ Quiz App Download: Free MBA Cost Accounting App to study price and efficiency variance, specification analysis : estimation assumptions, static budget variance, transfer pricing, inventory costing methods test prep for online accounting certifications.

The MCQ: An actual rate paid to labor is greater than the budgeted rate, it means that the; "Price & Efficiency Variance" App (Free Android & iOS) with answers: variance is unfavorable, cost is unfavorable, cost is favorable, and variance is favorable for best online business management degree. Practice Direct Cost Variances and Management Control Questions and Answers, Apple e-Book to download free sample for business administration bachelor degree online.

Price & Efficiency Variance MCQ Quiz with Answers PDF Download: Test 76

MCQ: 376

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

  1. cost is unfavorable
  2. variance is unfavorable
  3. variance is favorable
  4. cost is favorable
MCQ: 377

An error term, disturbance term or residual term is calculated as

  1. U=A-b
  2. u=A-a
  3. u=Y-y
  4. 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

  1. $6,500
  2. $6,600
  3. $6,700
  4. $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

  1. $45
  2. $110
  3. $20
  4. $65
MCQ: 380

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

  1. production exceeds breakeven sales
  2. breakeven sales exceeds production
  3. price exceeds cost
  4. cost exceeds price

MBA Cost Accounting Exam Prep Tests

Price & Efficiency Variance Learning App: Free Download Android & iOS

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