An actual cost is subtracted from flexible budget cost to calculate Options: A . &nbsppositive cost variance B . &nbspnegative cost variance C . &nbspflexible budget variance D . &nbspflexible cost variance

An actual cost is subtracted from flexible budget cost to calculate

Question

An actual cost is subtracted from flexible budget cost to calculate

Options:

A . positive cost variance

B . negative cost variance

C . flexible budget variance

D . flexible cost variance

Answer: Option C
Answer: (c).flexible budget variance

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Question 1. An efficiency variance is subtracted from actual input quantity to calculate....

Question 2. If an actual input price is $70 and the budgeted input price is $40, then the price variance will be....

Question 3. The difference between an actual budget and the corresponding amount in static budget is classified as....

Question 4. If an actual result is $50000 and the static budget variance is $25000, then the static budget amount will be....

Question 5. If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, the....input is 50 units, then the price variance would be

Question 6. If an actual result is $250000 and the static budget amount is $150000, then the static budget variance for operating in....then the static budget variance for operating income will be

Question 7. The price variance for direct manufacturing labor is referred as....

Question 8. The master budget, which is based on the planned output level at the start of budget period is considered as....

Question 9. The consideration of increased operating income relative to budgeted amount is classified as....

Question 10. If the actual input quantity is 300 units and the budgeted input quantity is 100 units, then the efficiency variance wil....quantity is 100 units, then the efficiency variance will be

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