Cost Accounting Mcqs

A. fixed cost-variable budget amount
B. actual cost-flexible budget amount
C. variable cost-allocated amount
D. actual cost-variable amount

A. $12,000
B. $15,000
C. $10,000
D. $32,000

A. lump sum price amount
B. lump sum fixed cost
C. lump sum variable cost
D. lump sum manufacturing cost

A. $59,000
B. $25,000
C. $15,000
D. $39,000

A. batch level
B. output unit level
C. facility and product sustaining
D. all of above

A. $61,500
B. $31,500
C. $41,500
D. $51,500

A. production numerator level
B. production denominator level
C. production cost level
D. production fixed level

A. $67,500
B. $57,500
C. $47,500
D. $37,500

A. flexible hours
B. actual cost
C. actual quantity
D. actual price

A. variable overhead spending variance
B. fixed overhead spending variance
C. constant spending variance
D. potential spending variance