Q. If an actual variable quantity is 70, the actual and budgeted overhead cost of allocation is $8650 and $3500 respectively, then the variable overhead spending variance will be

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Q. The machine budgeted time standards are set too tight, is the possible cause for

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Q. If the total setup cost is $35000 and fixed setup cost is $19000, then the variable fixed cost would be

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Q. The budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as

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Q. The part of the master budget, which covers the capital expenditures, budgeted statement of cash flows and balance sheets are classified as

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Q. The third step in developing operating budget is

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Q. The cost influences by the responsibility center manager who is considered as

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Q. If the indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then the manufacturing budget will be

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Q. The last step in developing operating budget is

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Q. In master budgeting, the cost drivers for manufacturing overhead costs are

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Q. The document, which contains the information about the used material sequence, detail and quantity of raw material is classified as

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Q. The type of budget, which is always available for the specified period of future is called

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Q. The plan of action; how an organization meets its opportunities and capabilities is classified as

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Q. The focus on budget cost of all the activities necessary to sell and produce market offerings is known as

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Q. The budgeted income statement and the supporting budget schedules are categorized under

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Q. If the budget sales units are 5000, the ending inventory is 4000 units and the beginning inventory is 1000, then the budget production will be

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Q. The budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to

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Q. The budget, which predicts the effect of given level of operations on a cash position is classified as

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Q. The higher and accurate budgeted profit forecast of managers lead to

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Q. The starting point in the operating budget is

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