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Management Sciences 5307 MCQs [All-Courses]

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.

Another name of super-variable costing is ___________?

A throughput costing

B unit costing

C batch costing

D manufacturing costing

Review Detailed Answer

Correct Answer: throughput costing

If the total sales are $355000, the beginning inventory is $23000 and the ending inventory is $15000, then total production would be _________?

A $363,000

B $463,000

C $393,000

D $493,000

Review Detailed Answer

Correct Answer: $363,000

If the budgeted fixed manufacturing cost is $124000 and the per unit cost is $124, then budgeted production units can be ___________?

A $4,000

B $1,000

C $2,000

D $3,000

Review Detailed Answer

Correct Answer: $1,000

The recalculation of demand can be avoided, by using practical capacity while calculation of budgeted fixed manufacturing per unit cost as ___________?

A denominator

B numerator

C multiplier

D equalizer

Review Detailed Answer

Correct Answer: denominator

In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?

A fixed direct manufacturing cost

B variable direct manufacturing cost

C fixed indirect manufacturing cost

D variable indirect manufacturing cost

Review Detailed Answer

Correct Answer: fixed direct manufacturing cost

If the total sales are $250000, the beginning inventory is $25000 and the ending inventory is $25000, then total production would be ________?

A $250,000

B $350,000

C $300,000

D $400,000

Review Detailed Answer

Correct Answer: $300,000

If the direct material cost of goods sold is $7500, and through contribution is $15650, then revenues will be _________?

A $8,150

B $23,150

C $33,150

D $13,150

Review Detailed Answer

Correct Answer: $23,150

The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate : __________?

A fixed material price

B variable materials price

C fixed production units

D budgeted production units

Review Detailed Answer

Correct Answer: budgeted production units

The managers using capacity planning do not make ___________

A pricing decisions

B marketing decisions

C financial decisions

D cost budgeting decisions

Review Detailed Answer

Correct Answer: pricing decisions

The difference between the budgeted amounts and the actual results is classified as __________?

A standard deviation

B variances

C mean average

D weighted average

Review Detailed Answer

Correct Answer: variances

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

Another name of super-variable costing is ___________?

If the total sales are $355000, the beginning inventory is $23000 and the ending inventory is $15000, then total production would be _________?

If the budgeted fixed manufacturing cost is $124000 and the per unit cost is $124, then budgeted production units can be ___________?

The recalculation of demand can be avoided, by using practical capacity while calculation of budgeted fixed manufacturing per unit cost as ___________?

In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?

If the total sales are $250000, the beginning inventory is $25000 and the ending inventory is $25000, then total production would be ________?

If the direct material cost of goods sold is $7500, and through contribution is $15650, then revenues will be _________?

The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate : __________?

The managers using capacity planning do not make ___________

The difference between the budgeted amounts and the actual results is classified as __________?