Q. The fixed budgeted manufacturing cost is $45000 and the budgeted production units are 900, then budgeted fixed manufacturing cost per unit will be

View solution

Q. If the budgeted fixed cost is $55000 and budgeted fixed cost is $55 per unit, then budgeted denominator level is

View solution

Q. In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate

View solution

Q. The costing method, in which the direct material cost is included in inventoriable cost is called

View solution

Q. The numerator of the fixed manufacturing cost rate is

View solution

Q. In absorption costing, the managers may increase operating income by producing

View solution

Q. The denominator of the fixed manufacturing cost rate is

View solution

Q. The costing method, in which the variable manufacturing costs are treated as inventoriable cost is called

View solution

Q. If the selling price is $5000, variable manufacturing cost per unit is $1500 and variable marketing cost per unit is $500, then contribution margin per unit will be

View solution

Q. In variable costing, an effect on cost volume profit relationship is driven by

View solution

Q. The fixed manufacturing cost under variable costing is

View solution

Q. When prices fall, the decrease in demand for the product when the competitors' prices are not met will be called

View solution

Q. The production volume variance under variable costing is

View solution

Q. The capacity of the company, which considers the operating interruptions such as holiday shutdown and maintenance time is called

View solution

Q. In super variable costing, all costs other than direct material costs are recorded in the period

View solution

Q. The capacity utilization of the business, to satisfy average customer demand over a specific period of time is classified as

View solution

Q. In Variable Costing Method, the fixed manufacturing cost in the calculation period is treated as

View solution

Q. If the per unit budgeted per unit cost is $165 and budgeted production units are 400 then fixed budgeted manufacturing costs will be

View solution

Q. In manufacturing companies, the variable costing method is also classified as

View solution

Q. If the revenues are $85000 and throughput contribution is $63700, then direct material cost of goods sold will be

View solution