Accounting MCQs

1590 MCQs  (Page 83 of 159)

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If the flexible budget amount is $21500 and fixed overhead flexible budget variance is $10000, then actual incurred cost will be _________?
A. $61,500
B. $31,500
C. $41,500
D. $51,500
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An activity based costing hierarchy includes _____________?
A. Batch level
B. Output unit level
C. Facility and product sustaining
D. All of above
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The budgeted quantity of output unit is 250 and budgeted overhead fixed cost is $150, then budgeted fixed overhead output unit will be __________?
A. $67,500
B. $57,500
C. $47,500
D. $37,500
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In manufacturing settings, the budgeted fixed overhead rate is classified as ___________?
A. Production numerator level
B. Production denominator level
C. Production cost level
D. Production fixed level
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Of the cost allocation base, the difference between actual and budgeted variable overhead cost multiplied by actual quantity for actual output is classified as ____________?
A. Variable overhead spending variance
B. Fixed overhead spending variance
C. Constant spending variance
D. Potential spending variance
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The variance is solely because of the difference between budgeted quantity and the ___________?
A. Flexible hours
B. Actual cost
C. Actual quantity
D. Actual price
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If the variable overhead flexible budget variance is $26000 and the flexible budget amount is $15000, then the actual incurred costs will be ________?
A. $21,000
B. $11,000
C. $31,000
D. $41,000
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All the salaries are paid to supervisors and engineers and cost of leasing equipment are classified as __________?
A. Variable setup costs
B. Fixed setup costs
C. Variable batch costs
D. Fixed batch costs
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If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?
A. $20,000
B. $76,000
C. $86,000
D. $96,000
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If the salaries of engineers are $3000, the salaries of supervisors are $4000 and the equipment leasing cost is $3000, then fixed setup costs will be ___________?
A. $10,000
B. $1,000
C. $7,000
D. $4,000
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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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