A. actual costing method
B. normal costing method
C. direct costing method
D. indirect costing method
Related Mcqs:
- 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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
