An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in ________?

Related Mcqs:

1. The standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in __________?

   A. output costing B. standard costing C. achieved costing D. input costing...

2. The budgeted variable overhead rate, is multiplied to an actual quantity of allocation base, is to calculate variable manufacturing cost of overheads in ___________?

   A. direct costing method B. indirect costing method C. actual costing method D. normal costing method...

3. In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?

   A. fixed direct manufacturing cost B. variable direct manufacturing cost C. fixed indirect manufacturing cost D. variable indirect manufacturing cost...

4. 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...

5. The fixed direct manufacturing cost is calculated, by multiplying standard prices for standard quantity of allowed input for actual output in ___________?

   A. input costing B. output costing C. standard costing D. achieved costing...

6. The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate ___________?

   A. efficiency deviation B. efficiency variance C. budgeted variance D. usage variance...

7. If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be __________?

   A. $4,500 B. $3,500 C. $2,500 D. $1,500...

8. If the budgeted price of input is $70, actual quantity of input is 250 units and the allowed budgeted quantity of input is 90 units, then efficiency variance will be ___________?

   A. $23,800 B. $11,200 C. $12,200 D. $13,200...

9. If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be __________?

   A. $4,000 B. $6,000 C. $8,000 D. $10,000...

10. If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be ___________?

    A. $15,000 B. $13,000 C. $11,000 D. $9,000...