Accounting Medium If the actual result is $26000, the flexible budget amount is $13000, then the flexible budget amount will be __________? A $39,000 ✓ B $49,000 ✓ C $13,000 ✓ D $15,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If the static budget is $208000 and the flexible budget amount is $305000, then the sales budget variance will be ___________? A $67,000 ✓ B $97,000 ✓ C $57,000 ✓ D $47,000 ✓ AK Ali Khan 4 months ago
Accounting Medium The subtracted flexible budget amount can form an actual result to calculate _____________? A unstated budget variance ✓ B flexible budget variance ✓ C constant budget variance ✓ D static budget variance ✓ AK Ali Khan 4 months ago
Accounting Medium If the sales budget variance for operating income is $68000 and the static budget amount is $19000, then flexible budget amount will be ____________? A $47,000 ✓ B $57,000 ✓ C $87,000 ✓ D $97,000 ✓ AK Ali Khan 4 months ago
Accounting Medium The flexible budget amount is added to flexible budget variance to calculate A static result ✓ B actual result ✓ C secondary result ✓ D primary result ✓ AK Ali Khan 4 months ago
Accounting Medium The static budget amount is subtracted from the flexible budget amount to calculate the __________? A sales budget variance ✓ B cost budget variance ✓ C resultant budget variance ✓ D static budget variance ✓ AK Ali Khan 4 months ago
Accounting Medium The difference between the flexible budget amount and the corresponding actual result is called ______________? A corresponding variance ✓ B resultant variance ✓ C flexible budget variance ✓ D static budget variance ✓ AK Ali Khan 4 months ago
Accounting Medium An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate _____________? A profit variance ✓ B investment variance ✓ C cost variance ✓ D selling price variance ✓ AK Ali Khan 4 months ago
Accounting Medium If the flexible budget amount is $62000 and an actual result is $35000, then the flexible budget amount would be ___________? A $27,000 ✓ B $37,000 ✓ C $97,000 ✓ D $87,000 ✓ AK Ali Khan 4 months ago
Accounting Medium The flexible budget amount is $57000 and flexible budget variance is $14000, then actual result amount will be __________? A $61,000 ✓ B $71,000 ✓ C $43,000 ✓ D $24,000 ✓ AK Ali Khan 4 months ago