The difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called __________?
A. sales quantity variance B. cost mix variance C. volume mix variance D. sales mix variance
Accounting MCQs with Answers
If the sales volume variance is $8500 and the static budget amount is $2000, then the flexible budget amount would be _________?
A. $6,500 B. $6,600 C. $6,700 D. $6,800
The corporate sustaining costs and distribution channel costs are also classified as ___________?
A. indirect costs B. variable costs C. fixed costs D. direct costs
For increasing sales, the decrease in selling price, below the selling price list is known as ____________?
A. partial discount B. corporate discount C. treasury discount D. price discount
If the budgeted contribution margin for budgeted and actual sales mix are $35000 and $27000, then the sales mix variance will be __________?
A. $8,000 B. $80,000 C. $62,000 D. $35,000
In corporate costs, the cost incurred to finance construction of new equipment are classified as ___________?
A. treasury costs B. discretionary costs C. human resource management costs D. corporate administration costs
An analysis and reporting of revenues earned, and the incurred costs to earn these revenues from customers is classified as ___________?
A. partial productivity analysis B. treasury cost analysis C. customer profitability analysis D. customer cost analysis
The division of all the costs related to customers on the basis of different cost allocation bases or cost drivers are called ___________?
A. customer cost hierarchy B. customer profitability hierarchy C. treasury costing hierarchy D. partial costing hierarchy
Which of the following do not include among major categories of corporate costs?
A. human resource management costs B. corporate administration costs C. treasury costs D. discretionary costs