Volume variances examine differences between
a.the static budget and actual costs.
b.the static budget and the rolling budget.
c.the flexible budget and static budget.
d.None of these choices are correct.
Volume variances examine differences between a.the static budget and actual costs. b.the static budget and the...
A performance report for variable overhead reveals a.the volume and spending variances. b.the aggregate variable overhead spending and efficiency variances. c.the spending and efficiency variances for each variable overhead item. d.both the aggregate variable overhead spending and efficiency variances and the spending and efficiency variances for each variable overhead item. e.both the volume and spending variances and the spending and efficiency variances for each variable overhead item.
A transition probability describes a.the probability of reaching an absorbing state. b.the probability of a success in repeated, independent trials. c.the probability a system in a particular state now will be in a specific state next period. d.None of these choices are correct please just write the answer for me
Question 17 )The sales volume variance is the differernc between the ? A) Actual results and the expected results in the flexible budget for the actual units sold B)Expected results in the flexible budget for the actual units sold and the static budget c)Static budget and actual amounts due to differences in sales price d)flexible budget and static budget due to differences in fixed costs
Question 17 )The sales volume variance is the differernc between the ? A) Actual results and the expected results in the flexible budget for the actual units sold B)Expected results in the flexible budget for the actual units sold and the static budget c)Static budget and actual amounts due to differences in sales price d)flexible budget and static budget due to differences in fixed costs
Operating leverage is a.the difference between sales and variable expense. b.the use of fixed costs to extract higher percentage changes in profits as sales activity changes. c.the portion of each sales dollar available to cover fixed costs and provide for profit. d.visually portrays the relationship between profits and units sold. e.none of these
A static budget is one that Is based on the actual sales volume achieved during the period. Is developed for a single level of expected output. Is one component of the operating budget. Is always used to compare with the actual results. Materiality can be measured in terms of Absolute dollars. Relative percentages. Both absolute dollars and relative percentages. Neither absolute dollars or relative percentages. The flexible budget variance is the difference between The static budget and the flexible budget....
Question 17 )The sales volume variance is the differernc between the ? A) Actual results and the expected results in the flexible budget for the actual units sold B)Expected results in the flexible budget for the actual units sold and the static budget c)Static budget and actual amounts due to differences in sales price d)flexible budget and static budget due to differences in fixed costs Question 18 )Generals Co.can further process Product B to Product product A. product B currently...
Performance Report, June 2017 Actual Static Results Budget Units (pounds) 390,000 380,000 Revenues $2,203,500 $2,166,000 Variable manufacturing costs 1,423,500 1,368,000 Contribution margin $780,000 $798,000 SteveSteve AdlerAdler, the business manager for ice-cream products, is pleased that more pounds of ice cream were sold than budgeted and that revenues were up.Unfortunately, variable manufacturing costs went up, too. The bottom line is that contribution margin declined by $ 18 comma 000$18,000, which is less thanless than 11% of the budgeted revenues of $...
Differentiate between Static Budget and Static Budget Variances.
4. A flexible budget performance report compares the differences between: a. Actual performance and budgeted performance based on actual sales volume. b. Actual performance over several periods. c. Budgeted performance over several periods. d. Actual performance and budgeted performance based on budgeted sales volume. e. Actual performance and standard costs at the budgeted sales volume.