Related Mcqs:

1. In stand-alone revenue-allocation method, the type of weights available for this method are ____________?

   A. selling prices as weights
   B. unit costs as weights
   C. physical units as weights
   D. all of above

2. The method of pricing, when two separate pricing methods are used to price, transfer of products from one subunit to another, is called _____________?

   A. dual pricing
   B. functional pricing
   C. congruent pricing
   D. optimal pricing

3. In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

   A. inventoriable costs
   B. finished costs
   C. factory overhead costs
   D. manufacturing overhead costs

4. Considering two fiscal years 2013 and 2014, if the selling price in 2013 and 2014 is $55 and $60 per unit respectively and actual units sold in 2013 are 25000 units, then revenue effect of price recovery will be __________?

   A. $14,500
   B. $135,000
   C. $125,000
   D. $12,500

5. If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be __________?

   A. $45,000
   B. $55,000
   C. $75,000
   D. $65,000

6. If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be ____________?

   A. $87,500
   B. $97,500
   C. $67,500
   D. $57,500

7. 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

8. If the actual input price is $150 and the budgeted input price is $80, then the price variance will be ___________?

   A. $130
   B. $70
   C. $150
   D. $80

9. If the budgeted input price is $50, the price variance is $30 then an actual price will be ___________?

   A. $100
   B. $20
   C. $80
   D. $60

10. If the budgeted input price is $80 and the price variance is $40, then an actual price will be ___________?

    A. $20
    B. $120
    C. $40
    D. $60