Which of the following bases is more an activity-based cost driver rather than a volume based cost driver in relation to applying overheads?

In a manufacturing overhead variance, which is excluded from a two-way variance, as opposed to a three-way?

Which of the following does NOT describe 'Backflush Costing'?

Operating Leverage Indicates

Which of the following is NOT a prime cost in management accounting?

A system whereby actual results for each sub-unit is an organisation is measured against budgets and significant differences investigated, is known as...?

Which of the following is *NOT* a benefit likely to arise from the implementation of a ‘just in time’ cost approach?

Rolling budgets are useful when

Which of the following would NOT be treated as a period cost in management accounting?

When more factory overheads are incurred than have been applied to the product costing, it is known as...?

What is net profit if the contribution margin was $100,000 fixed costs were $60,000 and variable costs were $30,000?