Multiple Choice
A company uses "Standard Costing".If the standard variable cost of making one unit is £0.32 and the budgeted production is 10,000 units but company produced 12,000 units,the expected variable cost would be:
A) £3,200
B) £0.32
C) £3,840
D) £640
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Which of the following characteristics apply to
Q18: A small or new business can cope
Q19: Prime Cost is part of the production
Q20: A company has the following costs of
Q21: Comparing planned costs with actual costs is
Q23: Cost of sales is calculated by subtracting
Q24: Which of the following statements is false?<br>A)
Q25: Absorption costing requires fixed costs to be
Q26: A company manufactures furniture.Which of the following
Q27: Prime costs include which of the following?<br>A)