Of the cost allocation base, the difference between actual and budgeted variable overhead cost multiplied by actual quantity for actual output is classified as ____________? April 20, 2025 by admin A. variable overhead spending variance B. fixed overhead spending variance C. constant spending variance D. potential spending variance
The variance is solely because of the difference between budgeted quantity and the ___________? April 20, 2025 by admin A. flexible hours B. actual cost C. actual quantity D. actual price
The budgeted quantity of output unit is 250 and budgeted overhead fixed cost is $150, then budgeted fixed overhead output unit will be __________? April 20, 2025 by admin A. $67,500 B. $57,500 C. $47,500 D. $37,500
In manufacturing settings, the budgeted fixed overhead rate is classified as ___________? April 20, 2025 by admin A. production numerator level B. production denominator level C. production cost level D. production fixed level
If the flexible budget amount is $21500 and fixed overhead flexible budget variance is $10000, then actual incurred cost will be _________? April 20, 2025 by admin A. $61,500 B. $31,500 C. $41,500 D. $51,500
An activity based costing hierarchy includes _____________? April 20, 2025 by admin A. batch level B. output unit level C. facility and product sustaining D. all of above
If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be ____________? April 20, 2025 by admin A. $59,000 B. $25,000 C. $15,000 D. $39,000
In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as ____________? April 20, 2025 by admin A. lump sum price amount B. lump sum fixed cost C. lump sum variable cost D. lump sum manufacturing cost
If the fixed setup cost is $21000 and the variable setup cost is $11000, then the setup cost would be _________? April 20, 2025 by admin A. $12,000 B. $15,000 C. $10,000 D. $32,000
In flexible budget analysis, the variable overhead flexible budget variance is equal to _________? April 20, 2025 by admin A. fixed cost-variable budget amount B. actual cost-flexible budget amount C. variable cost-allocated amount D. actual cost-variable amount
