Accounting MCQs

1590 MCQs  (Page 80 of 159)

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If the flexible budget amount is $26000 and fixed overhead flexible budget variance is $12500, then actual incurred cost would be ____________?
A. $38,500
B. $48,500
C. $58,500
D. $13,500
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The flexible budget amount is added in to fixed overhead flexible budget variance to calculate _____________?
A. Incurred manufacturing
B. Incurred production cost
C. Actual incurred cost
D. Incurred labor cost
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The variable overhead flexible budget variance is added to flexible budget amount to calculate _____________?
A. Actual cost incurred
B. Fixed cost incurred
C. Variable cost incurred
D. Manufacturing cost incurred
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If the budgeted total cost in fixed overhead is $385000 and the budgeted total quantity is $6730, then budgeted fixed overhead cost per unit will be __________?
A. $57.21 per unit
B. $67.21 per unit
C. $77.21 per unit
D. $87.21 per unit
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If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be __________?
A. $43,000
B. $42,000
C. $29,000
D. $19,000
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If the fixed setup cost is $32000 and the variable setup cost is $12000, then the setup cost will be ___________?
A. $20,000
B. $34,000
C. $44,000
D. $35,000
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The difference between actual quantity and budgeted quantity of cost allocation base is classified as __________?
A. Fixed overhead efficiency variance
B. Variable overhead efficiency variance
C. Variable overhead manufacturing variance
D. Fixed overhead manufacturing variance
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The lump sum cost that remains unchanged in total despite of changes in total volume is classified as __________?
A. Unchanged price
B. Unchanged cost
C. Fixed overhead cost
D. Variable overhead cost
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The third step in developing operating budget is to __________?
A. Choose the budgeting period
B. Select allocation bases
C. Identify variable overhead cost
D. Compute the per unit rate
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If the budgeted total cost in fixed overhead is $465200 and the budgeted total quantity is $8750, then budgeted fixed overhead cost per unit will be ____________?
A. $83.17
B. $73.17
C. $53.17
D. $63.17
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Word of the Day
18 Jul
Proactive
(of a person or action) creating or controlling a situation rather than just responding to it after it has happened.
فعال، پیش قدمی کے ذریعے صورتحال پر قابو پانیوالا

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