A. cost is unfavorable
B. variance is unfavorable
C. variance is favorable
D. cost is favorable
Related Mcqs:
- If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be ___________?
A. $126.32 per labor hour
B. $128.32 per labor hour
C. $130 per labor hour
D. $132 per labor hour - If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?
A. $138 per labor hour
B. $137.27 per hour
C. $140 per labor hour
D. $142 per labor hour - If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be _____________?
A. $4,730,000
B. $3,730,000
C. $2,730,000
D. $1,730,000 - If the budgeted direct labor hours are 3550 and direct labor cost rate is $500 per labor hour, then total direct labor cost would be __________?
A. $1,775,000
B. $1,675,000
C. $1,875,000
D. $1,975,000 - If the actual payment to labor is $1200 and the budgeted rate is $1000, then the labor price variance would be __________?
A. less than zero
B. equal to zero
C. favorable
D. unfavorable - The budgeted total direct labor cost is divided with budgeted total direct labor, to calculate ___________?
A. budgeted indirect labor cost rate
B. expected direct labor cost rate
C. budgeted direct labor cost rate
D. expected indirect labor cost rate - The budgeted direct labor hours are multiplied to direct labor cost rate, to calculate ____________?
A. expected total direct labor cost
B. budgeted total direct labor cost
C. budgeted total indirect labor cost
D. expected labor hours - 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 - If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be ___________?
A. $803.571 per labor hour
B. $805 per labor hour
C. $905 per labor hour
D. $802 per labor hour - If the budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be __________?
A. 112.34 per piece
B. 113.34 per piece
C. 111.34 per piece
D. 110.34 per piece
