The difference between the budgeted amounts and the actual results is classified as __________?

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. The difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called __________?

   A. sales quantity variance B. cost mix variance C. volume mix variance D. sales mix variance...

3. The difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called __________?

   A. sales quantity variance B. cost mix variance C. volume mix variance D. sales mix variance...

4. The difference between actual quantity and budgeted quantity of cost allocation base is classified as __________?

   A. fixed overhead efficiency variance B. variable overhead efficiency variance C. variable overhead manufacturing variance D. fixed overhead manufacturing variance...

5. The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as __________?

   A. sales mix variance B. sales volume variance C. flexible budget variance D. static budget variance...

6. In the static budget, the difference between corresponding budgeted amount and actual result is called __________?

   A. sales mix variance B. sales volume variance C. flexible budget variance D. static budget variance...

7. The difference between actual input variance and the budgeted input variance is called __________?

   A. price variance B. actual output price C. budgeted output price D. actual selling price...

8. The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output is classified as ____________?

   A. sales mix variance B. sales volume variance C. flexible budget variance D. static budget variance...

9. If the budgeted fixed cost is $40000 and budgeted fixed cost is $16 per unit, then budgeted denominator level will be __________?

   A. 3500 units B. 2500 units C. 3900 units D. 4900 units...

10. If the budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be __________?

    A. 15.67 per piece B. 16.67 per piece C. 14.67 per piece D. 13.67 per piece...