Question 30
Question 30 of 30

Question image for Q30
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct

Topics Tested

how to calculate the contribution of a product

how to calculate the following variances: direct material price and usage, direct labour rate and efficiency, fixed overhead expenditure and volume, fixed overhead capacity and efficiency sub-variances, sales price and volume

how to identify and calculate the elements of direct and indirect costs