Cost Accounting Mcqs

A. favorable variance
B. adverse variance
C. adverse standard deviation
D. unfavorable variance

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

A. $80,000
B. $71,000
C. $61,000
D. $31,000

A. direct variance
B. rate variance
C. labor variance
D. manufacturing variance

A. $400,000
B. $500,000
C. $100,000
D. $600,000

A. $75,000
B. $25,000
C. $35,000
D. $45,000

A. correspondent budget
B. full budget variance
C. methodology variance
D. static budget variance

A. actual quantity manufactured
B. budgeted quantity manufactures
C. budgeted quantity sold
D. budgeted input quantity

A. flexible budget cost
B. flexible investment cost
C. static budget cost
D. static variable cost

A. efficiency
B. effectiveness
C. growth evaluation
D. performance evaluation