To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from ___________?

Related Mcqs:

1. If an actual cost incurred is $627500, the flexible budget amount is $358750, then fixed overhead variance of flexible-budget will be _________?

   A. $218,750
   B. $238,750
   C. $258,750
   D. $268,750

2. If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be ____________?

   A. $518,750
   B. $418,750
   C. $218,750
   D. $318,750

3. 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

4. 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

5. 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

6. If the variable overhead flexible budget variance is $37000 and the flexible budget amount is $10000, then the actual incurred costs would be ____________?

   A. $27,000
   B. $25,000
   C. $47,000
   D. $57,000

7. 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

8. The fixed overhead allocated for actual output unit is subtracted from budgeted fixed overhead to calculate _______________?

   A. budget variance
   B. production volume variance
   C. price volume variance
   D. cost volume variance

9. 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

10. If the flexible budget variance is $105000, the actual cost is $65000 then the flexible budget cost will be ___________?

    A. $40,000
    B. $50,000
    C. $150,000
    D. $170,000