Accounting MCQs — Test 28
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Question 1
In overhead cost variance analysis, the fixed overhead does not include ______________?
Question 2
If the total setup cost is $35000 and fixed setup cost is $19000, then the variable fixed cost would be _____________?
Question 3
If the cost of indirect support labor is $5000, equipment maintenance setup cost is $7000 and machinery leasing cost is $4000 then variable fixed cost will be ___________?
Question 4
To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from ___________?
Question 5
The second step in developing operating budget is to _________?
Question 6
The fixed overhead allocated for actual output unit is subtracted from budgeted fixed overhead to calculate _______________?
Question 7
In flexible budget analysis, the variable overhead flexible budget variance is equal to _________?
Question 8
In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as ____________?
Question 9
If the fixed setup cost is $21000 and the variable setup cost is $11000, then the setup cost would be _________?
Question 10
If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be ____________?