The production volume variance is also called __________?

Related Mcqs:

1. 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...

2. 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...

3. 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...

4. 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...

5. 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...

6. 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...

7. The production volume variance under absorption costing:

   A. must be inventoriable B. must exist C. must not exist D. non-inventoriable...

8. 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...

9. The production volume variance under variable costing is ______________?

   A. must B. not a must C. non-inventoriable D. inventoriable...

10. 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...