Question

If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be

a.

$182,500

b.

$152,500

c.

$162,500

d.

$172,500

Posted under Cost Accounting

Answer: (b).$152,500

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. An unfavorable volume-production variance is used to measure the amount of

Q. The less skilled workers for operating machines then expected are classified as

Q. A cost, consists of some fixed and some variable cost with respect to machine setup hours is termed as

Q. The lower plant leasing, lower administrative costs, lower depreciation on equipment and plant are all the factors of

Q. If the variable overhead flexible budget variance is $26000 and the flexible budget amount is $15000, then the actual incurred costs will be

Q. The higher plant leasing, higher administrative costs and higher depreciation on equipment and plants are all the factors of

Q. If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be

Q. A measure which evaluates overall tradeoff and effect among non-financial performance measure is

Q. If an actual incurred cost is $387500 and the flexible budget amount is $168750, then fixed overhead variance of flexible budget would be

Q. The costing technique, which classify all the activities in costing hierarchy is classified as

Q. If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be

Q. An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as

Q. If the salaries of engineers are $3000, the salaries of supervisors are $4000 and the equipment leasing cost is $3000, then fixed setup costs will be

Q. In overhead cost variance analysis, the variable overhead does not include

Q. The measure which provides the feedback on manager's performance, considering individual aspects only is classified as

Q. If the variable overhead flexible budget variance is $37000 and the flexible budget amount is $10000, then the actual incurred costs would be

Q. All the salaries are paid to supervisors and engineers and cost of leasing equipment are classified as

Q. The fourth step in development of operating budget is to

Q. If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be

Q. If the budgeted total cost in fixed overhead is $465200 and the budgeted total quantity is $8750, then budgeted fixed overhead cost per unit will 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!