To calculate budgeted fixed manufacturing cost per unit, the fixed budgeted manufacturing costs are divided to _____________?
A. budgeted production units B. indirect production units C. input material units D. accrued production units
Accounting MCQs with Answers
If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?
A. production exceeds breakeven sales B. breakeven sales exceeds production C. price exceeds cost D. cost exceeds price
The measuring of capacity levels, in terms of practical and theoretical capacity is classified as _________?
A. capacity write down B. capacity write up C. capacity supplied D. capacity borrowed
The budgeted variable overhead rate, is multiplied to an actual quantity of allocation base, is to calculate variable manufacturing cost of overheads in ___________?
A. direct costing method B. indirect costing method C. actual costing method D. normal costing method
An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in ________?
A. actual costing method B. normal costing method C. direct costing method D. indirect costing method
The total capacity of producing output, while operating at full efficiency is known as __________?
A. standard capacity B. actual capacity C. normal capacity D. theoretical costing
The measuring of capacity in terms of normal capacity utilization is also termed as __________?
A. output demanded B. input demanded C. capacity supplied D. capacity borrowed
The change in variable costing in operating income, is calculated by multiplying contribution margin per unit to ___________?
A. increase in units sold B. change in quantity of sold units C. increase in units manufactured D. decease in units manufactured
In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?
A. accrual cost B. incurred cost C. period costs D. setup costs
The fixed manufacturing cost under absorption costing is __________?
A. high dividend B. low dividend C. inventoriable D. non-inventoriable