A. denominator level variance
B. numerator level variance
C. price level variance
D. cost level variance
Related Mcqs:
- An unfavorable volume-production variance is used to measure the amount of __________?
A. fixed setup cost
B. total setup cost
C. variable setup cost
D. total overhead cost - If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be __________?
A. $16,500
B. $15,500
C. $14,500
D. $13,500 - If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be __________?
A. $43,000
B. $42,000
C. $29,000
D. $19,000 - In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as ____________?
A. lump sum price amount
B. lump sum fixed cost
C. lump sum variable cost
D. lump sum manufacturing cost - If the fixed overhead allocated for actual output unit is $9800 and budgeted fixed overhead is $22000, then production volume variance would be _________?
A. $31,800
B. $12,300
C. $12,200
D. $41,800 - If fixed overhead allocated for actual output units is $25000 and the production volume variance is $9000, then budgeted fixed overhead will be _____________?
A. $34,000
B. $24,000
C. $16,000
D. $18,000 - The production volume variance under absorption costing:
A. must be inventoriable
B. must exist
C. must not exist
D. non-inventoriable - Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of _________?
A. unplanned level
B. budgeting level
C. numerator level
D. denominator level - The production volume variance under variable costing is ______________?
A. must
B. not a must
C. non-inventoriable
D. inventoriable - 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
