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

Related Mcqs:

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

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

2. The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as __________?

   A. priced costing
   B. actual costing
   C. direct costing
   D. indirect costing

3. 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

4. In normal costing, the budgeted rate is multiplied to an actual quantity, which have been used as the allocation base to calculate ___________?

   A. budget overhead applied
   B. manufacturing overhead applied
   C. labor overhead applied
   D. none of above

5. 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

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. 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

8. 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

9. 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

10. An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate _____________?

    A. profit variance
    B. investment variance
    C. cost variance
    D. selling price variance