Q. The variance is solely because of the difference between budgeted quantity and the

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Q. The budgeted quantity of output unit is 250 and budgeted overhead fixed cost is $150, then budgeted fixed overhead output unit will be

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Q. The third step in developing operating budget is to

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Q. In manufacturing settings, the budgeted fixed overhead rate is classified as

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Q. The lump sum cost that remains unchanged in total despite of changes in total volume is classified as

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Q. If the flexible budget amount is $21500 and fixed overhead flexible budget variance is $10000, then actual incurred cost will be

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Q. The difference between actual quantity and budgeted quantity of cost allocation base is classified as

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Q. An activity based costing hierarchy includes

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Q. If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be

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Q. If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be

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Q. If the fixed setup cost is $32000 and the variable setup cost is $12000, then the setup cost will be

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Q. In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as

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

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Q. If the fixed setup cost is $21000 and the variable setup cost is $11000, then the setup cost would be

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Q. If the budgeted total cost in fixed overhead is $385000 and the budgeted total quantity is $6730, then budgeted fixed overhead cost per unit will be

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Q. In flexible budget analysis, the variable overhead flexible budget variance is equal to

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Q. If the flexible budget amount is $26000 and fixed overhead flexible budget variance is $12500, then actual incurred cost would be

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Q. The second step in developing operating budget is to

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

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Q. The fixed overhead allocated for actual output unit is subtracted from budgeted fixed overhead to calculate

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