WebVariance Analysis MCQs A variance is the difference between a planned, budgeted or standard cost and the actual cost incurred. There is Cost variance analysis and Revenue variance analysis. Variances are calculated for Cost and Management accounting purposes and to prepare a variance analysis report (operating statement) for management. Web3 jan. 2024 · Cost Accounting MCQ is useful for NET, SET, MPS, UPSC, MBA, CA, CS, US-CPA, ACCA, MMS, PGDM, Mcom, BBA, Bcom, BAF, etc. We arranged MCQs of …

MCQs on Standard Costing - BYJU

Web10 mrt. 2024 · ANS: A. 12 If total cost of 100 units is Rs 5000 and those of 101 units is Rs 5030 then increase of Rs 30 in total cost is 1. A. Marginal cost. B. Prime cost. C. Sales Cost. D. Works Cost. ANS: A. 13 The affecting factor which is not allowing to produce more than a limit set is ________. A. Key Factor. WebIn responsibility accounting, a center’s performance is measured by controllable costs. Controllable costs arebest described as including. Direct material and direct labor only. Only those costs that the manager can influence in the current time period. Only discretionary costs. Those costs about which the manager is knowledgeable and informed. grohe service centre

Costing mcq BCOM SEM V - COST ACCOUNTING (3) …

WebMCQs on Standard Costing. Standard Costing is an integral part of the costing process within an organisation. It is a process that helps compare the revenues and actual cost of … Web22 jan. 2024 · a) Standard cost is an estimated or predetermined cost of performing an operation or producing a good or service, under normal conditions. b) Standard costing … Web27 apr. 2024 · 7. Compute EBQ if actual demand is 4000 units, setting up cost is Rs. 100, Cost of manufacturer per unit is Rs. 2000 and Interest rate is 10%. a. 2000 units. b. 200 units. c. 400 units. d. 1600 units. grohe sena stabhandbrause