In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as Options: A . &nbsplump sum price amount B . &nbsplump sum fixed cost C . &nbsplump sum variable cost D . &nbsplump sum manufacturing cost

In production volume variance, an acquiring fixed cost such as equipment and pla

Question

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

Options:

A . lump sum price amount

B . lump sum fixed cost

C . lump sum variable cost

D . lump sum manufacturing cost

Answer: Option B
Answer: (b).lump sum fixed cost

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Question 1. If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted....volume variance is $7000, then budgeted fixed overhead will be

Question 2. If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be....

Question 3. If the fixed setup cost is $32000 and the variable setup cost is $12000, then the setup cost will be....

Question 4. To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from....

Question 5. The first step in developing cost rate for budgeted variable overhead is to....

Question 6. In overhead cost variance analysis, the fixed overhead does not include....

Question 7. If fixed overhead allocated for actual output units is $25000 and the production volume variance is $9000, then budgeted....volume variance is $9000, then budgeted fixed overhead will be

Question 8. If an actual variable quantity is 70, the actual and budgeted overhead cost of allocation is $8650 and $3500 respectivel....$3500 respectively, then the variable overhead spending variance will be

Question 9. The variance is the stated difference between expected performance and the....

Question 10. The difference between actual input variance and the budgeted input variance is called....

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