Smartly Prepare Exam with Free Online BUS105 Practice Test

We offer the latest BUS105 practice test designed for free and effective online Managerial Accounting certification preparation. It's a simulation of the real BUS105 exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.

Exam Code: BUS105
Exam Questions: 50
Managerial Accounting
Updated: 09 Jul, 2025
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Practicing : 1 - 5 of 50 Questions
Question 1

Thompson Dental is deciding between two lease options for a new copier. They anticipate making 22,500 copies spread evenly over the course of the year. Which of the following options should they choose if they want to save the most money on an annual basis, and how much money will they save? Option 1: Monthly lease: $225, Included copies: 1,500/month, Additional copies: $0.15 per copy Option 2: Monthly lease: $250, Included copies: 1,800/month, Additional copies: $0.02 per copy 

Options :
Answer: D

Question 2

Wycliff Corporation practices activity-based management at their manufacturing facility. Which of the following events would most likely be the result of a decision made using activity-based management theory? 

Options :
Answer: D

Question 3

Ladron Candies is analyzing sales and production data for the holiday boxes they produced last year. The company expected to use 0.10 direct labor hours to produce one box of specialty candy, and the variable overhead rate was $2.00 per hour. According to payroll records, the company paid for a total of 104,000 hours of direct labor wages. The actual variable overhead costs totaled $200,000. They sold 800,000 boxes of candy to retailers. What is the variable overhead efficiency variance? 

Options :
Answer: D

Question 4

Which row correctly identifies the calculation to establish standard costs for direct materials, direct labor, and factory overhead?

 

Options :
Answer: D

Question 5

Which of the following statements is a true statement about flexible budgets?  

Options :
Answer: C

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