A measure which evaluates overall tradeoff and effect among non-financial performance measure is _____________? April 20, 2025 by admin A. non-financial measures B. financial measures C. effective measure D. lump sum measure
The costing technique, which classify all the activities in costing hierarchy is classified as ____________? April 20, 2025 by admin A. activity based costing B. non-financial costing C. profit costing D. lump sum costing
An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________? April 20, 2025 by admin A. variable batch costs B. fixed batch costs C. variable setup costs D. fixed setup costs
In overhead cost variance analysis, the variable overhead does not include _____________? April 20, 2025 by admin A. favorable volume variance B. profit volume variance C. cost volume variance D. production volume variance
If the variable overhead flexible budget variance is $37000 and the flexible budget amount is $10000, then the actual incurred costs would be ____________? April 20, 2025 by admin A. $27,000 B. $25,000 C. $47,000 D. $57,000
If the budgeted total cost in fixed overhead is $465200 and the budgeted total quantity is $8750, then budgeted fixed overhead cost per unit will be ____________? April 20, 2025 by admin A. $83.17 B. $73.17 C. $53.17 D. $63.17
If the fixed overhead allocated for actual output unit is $9800 and budgeted fixed overhead is $22000, then production volume variance would be _________? April 20, 2025 by admin A. $31,800 B. $12,300 C. $12,200 D. $41,800
The third step in developing operating budget is to __________? April 20, 2025 by admin A. choose the budgeting period B. select allocation bases C. identify variable overhead cost D. compute the per unit rate
The lump sum cost that remains unchanged in total despite of changes in total volume is classified as __________? April 20, 2025 by admin A. unchanged price B. unchanged cost C. fixed overhead cost D. variable overhead cost
The difference between actual quantity and budgeted quantity of cost allocation base is classified as __________? April 20, 2025 by admin A. fixed overhead efficiency variance B. variable overhead efficiency variance C. variable overhead manufacturing variance D. fixed overhead manufacturing variance
