Related Mcqs:

1. If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?

   A. production exceeds breakeven sales
   B. breakeven sales exceeds production
   C. price exceeds cost
   D. cost exceeds price

2. The fixed manufacturing cost under absorption costing is __________?

   A. high dividend
   B. low dividend
   C. inventoriable
   D. non-inventoriable

3. If the fixed budgeted manufacturing cost is $35000 and the budgeted production units are 7000, then budgeted fixed manufacturing cost per unit will be ___________?

   A. $20
   B. $5
   C. $10
   D. $15

4. The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate : __________?

   A. fixed material price
   B. variable materials price
   C. fixed production units
   D. budgeted production units

5. The fixed budgeted manufacturing cost is $45000 and the budgeted production units are 900, then budgeted fixed manufacturing cost per unit will be ____________?

   A. $200
   B. $150
   C. $50
   D. $100

6. In absorption costing, the contribution margin per unit, fixed operating and manufacturing costs are all the dependents of ___________?

   A. profit point
   B. breakeven point
   C. production point
   D. cost point

7. In variable costing, the variable manufacturing and fixed manufacturing cost focus on __________?

   A. distinction
   B. similarities
   C. increase in units
   D. decrease in units

8. To calculate budgeted fixed manufacturing cost per unit, the fixed budgeted manufacturing costs are divided to _____________?

   A. budgeted production units
   B. indirect production units
   C. input material units
   D. accrued production units

9. The fixed manufacturing cost under variable costing is ____________?

   A. inventoriable
   B. non-inventoriable
   C. high dividend
   D. low dividend

10. The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as __________?

    A. absorption costing
    B. variable costing
    C. fixed costing
    D. manufacturing cost