Home→ Cost Accounting Mcqs → Overhead Cost Variances and Management Control →The budget, which highlights the difference between actual quantity and budgeted quantity is termed as _____________?

In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating __________?
An energy, machine maintenance, indirect materials and engineering support are considered as __________?
A company must eliminate all those activities that do not add value to all the products or services in planning of __________?
If the flexible budget amount is $40000 and variable overhead flexible budget variance is $25000, then actual costs incur will be __________?
The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as __________?
The cost allocation base used by an operating manager is classified as __________?
The costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as __________?
The flexible budget amount is added in to variable overhead flexible budget variance to calculate __________?
The depreciation on plant equipment, salaries of plant managers and plant leasing costs are considered a __________?

The budget, which highlights the difference between actual quantity and budgeted quantity is termed as _____________?

A. actual cost budget
B. flexible budget variance
C. inflexible budget
D. hourly budget

Correct Answer: flexible budget variance ✔

Last Updated: May 11, 2023