Standard test/quiz no. 384: Testování: Test/quiz: Variance analysis

1/10
Actual revenues differ from planned revenues. What is the formula for calculation what part of the variance is driven by changes in sales volume (i.e. quantity variance)?

1 or more correct answers are possible; however, select only one answer.
Maximum possible % gain: 10%

actual quantity – budgeted quantity (actual quantity – budgeted quantity) x (actual unit price - budgeted unit price) (actual quantity – budgeted quantity) x actual unit price (actual quantity – budgeted quantity) x budgeted unit price

2/10
Calculate price variance on revenues from planned data and write down the rounded number. Plan: revenues 20 000, sales volume 200. Actual: revenues 22 000, sales volume 190.

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

3/10
Calculate direct material price variance from planned data and write down the rounded result without €. Budget: 5 units of raw material purchased at €8/piece, produced output is 1 000 units. Actual: 6 units of raw material purchased at €7/piece, prod

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

4/10
Calculate direct material quantity (usage) variance from planned data and write down the rounded result without €. Budget: 5 units of raw material purchased at €8/piece, produced output is 1 000 units. Actual: 6 units of raw material purchased at €7/

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

5/10
Calculate direct labor rate (price) variance from planned data and write down the rounded number without €. Budget: 10 labor hours per €10/hour are necessary to produce a unit, produced output is 1 000 units. Actual: 8 labor hours per €12/hour are n

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

6/10
Calculate total fixed production overheads variance from planned data and write down the rounded result without €. Budget: 10 labor hours per €10/hour are necessary to produce a unit, produced output is 1 000 units, 8 labor hours per €12/hour are ne

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

7/10
Calculate fixed production overheads expenditure (price) variance from planned data and write down the rounded result without €. Budget: 10 labor hours per €10/hour are necessary to produce a unit, produced output is 1 000 units, 8 labor hours per €

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

8/10
Calculate fixed production overheads quantity (volume) variance from planned data and write down the rounded result without €. Budget: 10 labor hours per €10/hour are necessary to produce a unit, produced output is 1 000 units, 8 labor hours per €12

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

9/10
Calculate fixed production overheads volume efficiency variance from planned data and write down the rounded result without €. Budget: 10 labor hours per €10/hour are necessary to produce a unit, produced output is 1 000 units, 8 labor hours per €12

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

10/10
Calculate fixed production overheads volume capacity variance from planned data and write down the rounded result without €. Budget: 10 labor hours per €10/hour are necessary to produce a unit, produced output is 1 000 units, 8 labor hours per €12/h

Please write down the correct answer.
Maximum possible % gain: 10%

Please write down the correct answer:

The test (quiz) will be finished after the time limit passes, even though the button has not been pressed.

Time remaining:

Time limit: 15 minute/s

Will be finished at: 10:02:22

Loading data...