QUESTION 14 The total variable overhead variance is the difference between the actual variable overhead and the applied variable overhead. the budgeted variable overhead and the actual variable overhead. the budgeted variable overhead and the applied variable overhead. the applied variable overhead and the budgeted total overhead. QUESTION 15 In weighted average cost of capital, rise in interest rate leads to decrease in capital structure O increase in cost of debt O increase in capital structure O decrease in cost of debt QUESTION 16 An accountant would refer to a cost sheet to perform which of the following actions? O Calculate standard cost per unit. O Calculate efficiency variances.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 14
The total variable overhead variance is the difference between
the actual variable overhead and the applied variable overhead.
the budgeted variable overhead and the actual variable overhead.
the budgeted variable overhead and the applied variable overhead.
O the applied variable overhead and the budgeted total overhead.
QUESTION 15
In weighted average cost of capital, rise in interest rate leads to
O decrease in capital structure
increase in cost of debt
increase in capital structure
O decrease in cost of debt
QUESTION 16
An accountant would refer to a cost sheet to perform which of the following actions?
O Calculate standard cost per unit.
O Calculate efficiency variances.
O Calculate the total amount of inputs allowed for the actual output.
O All of these.
Transcribed Image Text:QUESTION 14 The total variable overhead variance is the difference between the actual variable overhead and the applied variable overhead. the budgeted variable overhead and the actual variable overhead. the budgeted variable overhead and the applied variable overhead. O the applied variable overhead and the budgeted total overhead. QUESTION 15 In weighted average cost of capital, rise in interest rate leads to O decrease in capital structure increase in cost of debt increase in capital structure O decrease in cost of debt QUESTION 16 An accountant would refer to a cost sheet to perform which of the following actions? O Calculate standard cost per unit. O Calculate efficiency variances. O Calculate the total amount of inputs allowed for the actual output. O All of these.
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