M C Q s D r i v e

Management Sciences 5307 MCQs [All-Courses]

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Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

The change in variable costing in operating income, is calculated by multiplying contribution margin per unit to ___________?
A increase in units sold
B change in quantity of sold units
C increase in units manufactured
D decease in units manufactured
Correct Answer: change in quantity of sold units
The measuring of capacity in terms of normal capacity utilization is also termed as __________?
A output demanded
B input demanded
C capacity supplied
D capacity borrowed
Correct Answer: output demanded
The total capacity of producing output, while operating at full efficiency is known as __________?
A standard capacity
B actual capacity
C normal capacity
D theoretical costing
Correct Answer: theoretical costing
An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in ________?
A actual costing method
B normal costing method
C direct costing method
D indirect costing method
Correct Answer: actual costing method
The budgeted variable overhead rate, is multiplied to an actual quantity of allocation base, is to calculate variable manufacturing cost of overheads in ___________?
A direct costing method
B indirect costing method
C actual costing method
D normal costing method
Correct Answer: normal costing method
The measuring of capacity levels, in terms of practical and theoretical capacity is classified as _________?
A capacity write down
B capacity write up
C capacity supplied
D capacity borrowed
Correct Answer: capacity supplied
If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?
A production exceeds breakeven sales
B breakeven sales exceeds production
C price exceeds cost
D cost exceeds price
Correct Answer: production exceeds breakeven sales
To calculate budgeted fixed manufacturing cost per unit, the fixed budgeted manufacturing costs are divided to _____________?
A budgeted production units
B indirect production units
C input material units
D accrued production units
Correct Answer: budgeted production units
If the production is less than sales, then operating income under variable costing is __________?
A negative income value
B lower income
C higher income
D zero dividends
Correct Answer: higher income
The revenue and throughput contribution is subtracted to calculate the __________?
A indirect labor cost of goods sold
B direct labor cost of goods sold
C direct material cost of goods sold
D indirect material cost of goods sold
Correct Answer: direct material cost of goods sold