Accounting Practice MCQ Page 29

Multiple Choice questions for Accounting in the sets of 10 each on one page with questions and answers. All sets are useful in the preparation of subject tests for employment or admission.
Question: 2133   which of the following variances is always favourable
  1. overhead volume variance
  2. sales value mix variance
  3. calendar variance
  4. None of these
Question: 2134   sales volume variance is RS 9,000(F)and sales value variance is RS 5,000(F). what is the sales price variance RS 5,000(F)what is the sales price variance
  1. RS. 14,000(F)
  2. RS. 4,000(A)
  3. RS. 4,000(F)
  4. Non of these
Question: 2135   Fixed overhead cost variance is expenditure variance is RS 200(A), calendar variance RS 500(F).what is the volume variance
  1. RS. 2,700(A)
  2. RS. 1,900(A)
  3. Rs. 2,200(A),
  4. Rs. 2,500(f)
Question: 2136   what is the material price variance as per Q. 3.41
  1. RS 400(F)
  2. RS 400(A)
  3. RS 440(F)
  4. RS 440(A)
Question: 2137   What is the material quantity variance in Q 3.41
  1. RS 960(A)
  2. RS 960(f)
  3. RS 1,000(A)
  4. RS 1,000(F)
Question: 2138   The material price variance in Q 3.46 is
  1. RS. 100(Adverse)
  2. RS. 100(Favourable)
  3. RS. 110(Adverse)
  4. RS. 110(Favourable)
  5. None of the preceding responses is correct
Question: 2139   Material mixture variance in Q 3,46 is
  1. Rs 110(Adverse)
  2. RS. 100 (Favourable)
  3. RS. 210(Adverse)
  4. Rs. 408 (FAVOURABLE)
  5. cannot be computed from the given data
Question: 2140   Labour efficency variance in Q 3,46 is
  1. ES. 152(Adverse)
  2. RS. 560(Favourable)
  3. RS. 560(Adverse)
  4. RS 480(Favourable)
Question: 2141   Labour rate variance in Q3.46 is
  1. RS. 152(Adverse)
  2. Rs. 560(Favourable)
  3. RS. 560(Adverse)
  4. RS. 480(Favourable)
Question: 2142   Labour cost variance in Q 3.46 is
  1. RS. 560(Favourable)
  2. RS. 560(Adverse)
  3. RS. 152(Adverse)
  4. RS. 408(Adverse)
  5. none of the preceding responses is correct
Question: 2143   in Q 3.53, what is the expenditure variance
  1. RS. 2,000(A)
  2. RS 4,000(A)
  3. RS 2,000(F)
  4. RS 4,000(F)
Question: 2144   In Q 3.53, what is the volume variance
  1. RS 2,000(A)
  2. RS 4,000(A)
  3. RS6,000(A)
  4. RS 8,000(A)

Answers to the questions of Accounting on this page

Following list gives the correct choice for the answer of the Accounting mcqs.
2133 . D       2134 . B       2135 . C       2136 . C       2137 . C       2138 . E       2139 . E       2140 . B       2141 . A       2142 . E       2143 . A       2144 . C      

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