Question

An efficiency variance is subtracted from actual input quantity to calculate

a.

actual quantity manufactured

b.

budgeted quantity manufactures

c.

budgeted quantity sold

d.

budgeted input quantity

Posted under Cost Accounting

Answer: (d).budgeted input quantity

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. An efficiency variance is subtracted from actual input quantity to calculate

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. An actual cost is subtracted from flexible budget cost to calculate

Q. The difference between an actual budget and the corresponding amount in static budget is classified as

Q. If an actual input price is $70 and the budgeted input price is $40, then the price variance will be

Q. If an actual result is $50000 and the static budget variance is $25000, then the static budget amount will be

Q. If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be

Q. If an actual result is $250000 and the static budget amount is $150000, then the static budget variance for operating income will be

Q. The master budget, which is based on the planned output level at the start of budget period is considered as

Q. The price variance for direct manufacturing labor is referred as

Q. If the input used in manufacturing is smaller in quantity and output produced is greater in quantity, this will be categorized under

Q. If the static budget variance is $46000 and the static budget amount is $15000, then an actual result would be

Q. If the budgeted input quantity is 350 units and efficiency variance is 100, then an actual input quantity will be

Q. If the budgeted input price is $80 and the price variance is $40, then an actual price will be

Q. If the price variance is $20 and the budgeted input price is $70, then an actual price will be

Q. An unfavorable variance in static budget is also known as

Q. If the price variance is $30 and the budgeted input price is $80, then an actual price would be

Q. If the actual cost is $265000 and the flexible budget cost is $156000, then the flexible budget variance will be

Q. Static budget variance for operating income is added in to static budget amount to calculate

Q. In management control, the point of reference for making the comparisons of performance is

Q. In the budget hierarchy, the material handling cost is

Q. If the actual payment to labor is $1200 and the budgeted rate is $1000, then the labor price variance would be

Recommended Subjects

Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!