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Cost Accounting Mcqs
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Flexible Budget Overhead Cost Variance
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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 ____________?
Related MCQs
The machine budgeted time standards are set too tight, is the possible cause for __________?
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The fixed overhead allocated for actual output unit is subtracted from budgeted fixed overhead to calculate __________?
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If the fixed setup cost is $21000 and the variable setup cost is $11000, then the setup cost would be _________?
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If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be __________?
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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 _________?
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The measure which provides the feedback on manager’s performance, considering individual aspects only is classified as __________?
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 __________?
If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be __________?
If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be __________?
If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be __________?
A cost, consists of some fixed and some variable cost with respect to machine setup hours is termed as _________?
An unfavorable volume-production variance is used to measure the amount of __________?
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
Correct Answer:
$38,500
✔
Last Updated:
May 11, 2023