CPA Business Environment and Concepts (BEC) - Operations Management: Cost Accounting

1

The differences between standard hours at standard wage rates and actual hours at standard wage rates is referred to as which of the following types of variances

2

The differences between standard hours at standard wage rates and actual hours at standard wage rates is referred to as which of the following types of variances

3

Which of the following types of variances would a purchasing manager most likely influence?

4

Which of the following types of variances would a purchasing manager most likely influence?

5

Which of the following standard costing variances would be least controllable by a production supervisor?

6

Which of the following standard costing variances would be least controllable by a production supervisor?

7

The only sales variance listed below that does not use contribution margin to compute results is:

8

The only sales variance listed below that does not use contribution margin to compute results is:

9

The production volume variance is due to:

10

The production volume variance is due to:

Operations Management: Cost Accounting

Practice Questions