Q. The cost allocation base used by an operating manager is classified as

View solution

Q. The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as

View solution

Q. The costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as

View solution

Q. An energy, machine maintenance, indirect materials and engineering support are considered as

View solution

Q. The budget, which highlights the difference between actual quantity and budgeted quantity is termed as

View solution

Q. A company must eliminate all those activities that do not add value to all the products or services in planning of

View solution

Q. If the flexible budget amount is $40000 and variable overhead flexible budget variance is $25000, then actual costs incur will be

View solution

Q. The flexible budget amount is added in to variable overhead flexible budget variance to calculate

View solution

Q. In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating

View solution

Q. The depreciation on plant equipment, salaries of plant managers and plant leasing costs are considered a

View solution