Accounting Medium Number of units are multiplied to per unit price, to calculate ___________? A multiple budget variable ✓ B fixed budget variable ✓ C flexible budget variable ✓ D constant budget ✓ AK Ali Khan 4 months ago
Accounting Medium The budget which calculates the expected revenues and expected costs, based on the actual output quantity is named as __________? A flexible budget ✓ B fixed budget ✓ C variable budget ✓ D multiplied budget ✓ AK Ali Khan 4 months ago
Accounting Medium The number of units are 5000 and the per unit price is $60, then the flexible budget variable would be _________? A $5,000,000 ✓ B $3,000,000 ✓ C $2,000,000 ✓ D $1,000,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be __________? A $45,000 ✓ B $55,000 ✓ C $75,000 ✓ D $65,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If the number of units are 3000 and the per unit price is $500, then the flexible budget variable will be _______? A $1,500,000 ✓ B $2,500,000 ✓ C $3,500,000 ✓ D $4,500,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If the static budget amount is $6000 and the flexible budget amount is $15000, then the sales volume variance will be ___________? A $9,000 ✓ B $8,000 ✓ C $12,000 ✓ D $21,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If the actual result is $25000 and the flexible budget amount is $11000, then the flexible budget amount is __________? A $36,000 ✓ B $46,000 ✓ C $56,000 ✓ D $14,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be ____________? A $87,500 ✓ B $97,500 ✓ C $67,500 ✓ D $57,500 ✓ AK Ali Khan 4 months ago
Accounting Medium If the static budget amount is $9000, the flexible budget amount is $20000, then the sales volume variance will be _________? A $29,000 ✓ B $11,000 ✓ C $15,000 ✓ D $10,000 ✓ AK Ali Khan 4 months ago
Accounting Medium The flexible budget variance for the revenues of company is classified as __________? A selling price variance ✓ B investment variance ✓ C profit variance ✓ D primary variance ✓ AK Ali Khan 4 months ago