College Acct 2- Chapter 9

College Acct 2- Chapter 9

Assessment

Flashcard

Business

9th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

Student preview

quiz-placeholder

16 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is Zanny's labor rate variance for August?

Back

$1,917 Favorable

2.

FLASHCARD QUESTION

Front

Poorly trained workers could have an unfavorable effect on which of the following variances? Labor Rate Variance & Materials Quantity Variance, Labor Rate Variance only, Materials Quantity Variance only, Neither variance

Back

Materials Quantity Variance only

3.

FLASHCARD QUESTION

Front

A budget that adjusts based on changes in actual activity levels is called a:

Back

flexible budget.

4.

FLASHCARD QUESTION

Front

If the total standard variable cost for one unit of finished product is $90, then the standard price per foot for direct materials is:

Back

$5

5.

FLASHCARD QUESTION

Front

The total overhead cost at an activity level of 10,000 guest-days per month should be:

Back

$227,190

6.

FLASHCARD QUESTION

Front

When using a flexible budget, an increase in activity within the relevant range:

Back

increases total costs.

7.

FLASHCARD QUESTION

Front

What is the spending variance for wages and salaries in July for Ramkissoon Corp. if the actual wages and salaries were $60,000, with a cost formula of $2,025 per month plus $442 per sale for 114 actual sales?

Back

$7,587 U

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?