The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate : __________?
A. fixed material price B. variable materials price C. fixed production units D. budgeted production units
Accounting MCQs with Answers
If the direct material cost of goods sold is $7500, and through contribution is $15650, then revenues will be _________?
A. $8,150 B. $23,150 C. $33,150 D. $13,150
If the total sales are $250000, the beginning inventory is $25000 and the ending inventory is $25000, then total production would be ________?
A. $250,000 B. $350,000 C. $300,000 D. $400,000
In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?
A. fixed direct manufacturing cost B. variable direct manufacturing cost C. fixed indirect manufacturing cost D. variable indirect manufacturing cost
The recalculation of demand can be avoided, by using practical capacity while calculation of budgeted fixed manufacturing per unit cost as ___________?
A. denominator B. numerator C. multiplier D. equalizer
If the budgeted fixed manufacturing cost is $124000 and the per unit cost is $124, then budgeted production units can be ___________?
A. $4,000 B. $1,000 C. $2,000 D. $3,000
If the total sales are $355000, the beginning inventory is $23000 and the ending inventory is $15000, then total production would be _________?
A. $363,000 B. $463,000 C. $393,000 D. $493,000
Another name of super-variable costing is ___________?
A. throughput costing B. unit costing C. batch costing D. manufacturing costing
The revenue and throughput contribution is subtracted to calculate the __________?
A. indirect labor cost of goods sold B. direct labor cost of goods sold C. direct material cost of goods sold D. indirect material cost of goods sold
If the production is less than sales, then operating income under variable costing is __________?
A. negative income value B. lower income C. higher income D. zero dividends