Cost Accounting Mcqs

A. functioning
B. variance
C. variation
D. deviation

A. static budget receipts
B. static budget deviation
C. static budget variance
D. multiple budget variance

A. $23,800
B. $11,200
C. $12,200
D. $13,200

A. control variance
B. uncontrolled variance
C. usage variance
D. effective variance

A. understand variance reason
B. improve future performance
C. learning of improvement
D. all of above

A. $135,000
B. $45,000
C. $50,000
D. $55,000

A. price variance is favorable
B. price variance is unfavorable
C. cost variance is favorable
D. cost variance is unfavorable

A. marketing budget
B. methodological budget
C. static budget
D. varied budget

A. positive
B. negative
C. zero
D. one

A. 300 units
B. 700 units
C. 800 units
D. 500 units