Related Mcqs:

1. 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

2. If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be __________?

   A. $182,500
   B. $152,500
   C. $162,500
   D. $172,500

3. If an actual variable quantity is 70, the actual and budgeted overhead cost of allocation is $8650 and $3500 respectively, then the variable overhead spending variance will be __________?

   A. $660,500
   B. $560,500
   C. $460,500
   D. $360,500

4. An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then the variable overhead efficiency variance is ___________?

   A. $39,000
   B. $49,000
   C. $59,000
   D. $73,000

5. If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?

   A. $20,000
   B. $76,000
   C. $86,000
   D. $96,000

6. If the budgeted total cost in fixed overhead is $465200 and the budgeted total quantity is $8750, then budgeted fixed overhead cost per unit will be ____________?

   A. $83.17
   B. $73.17
   C. $53.17
   D. $63.17

7. If the budgeted total cost in fixed overhead is $385000 and the budgeted total quantity is $6730, then budgeted fixed overhead cost per unit will be __________?

   A. $57.21 per unit
   B. $67.21 per unit
   C. $77.21 per unit
   D. $87.21 per unit

8. If the budgeted indirect cost arte is $115 and the budgeted cost allocation base is $830 per hour, then the annual indirect cost (budgeted) will be ___________?

   A. $93,450
   B. $94,560
   C. $96,450
   D. $95,450

9. In normal costing, an actual quantity of cost allocation used base is multiplied to budgeted fixed overhead rates to calculate the ___________?

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

10. In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate ___________?

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