The consideration of decreased operating income relative to budgeted amount, in static budget is classified as Options: A . &nbsprevenue variance B . &nbspcost variance C . &nbspfavorable variance D . &nbspunfavorable variance

The consideration of decreased operating income relative to budgeted amount, in

Question

The consideration of decreased operating income relative to budgeted amount, in static budget is classified as

Options:

A . revenue variance

B . cost variance

C . favorable variance

D . unfavorable variance

Answer: Option D
Answer: (d).unfavorable variance

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Question 1. If the flexible budget variance is $105000, the actual cost is $65000 then the flexible budget cost will be....

Question 2. In the budget hierarchy, the material handling cost is....

Question 3. An expected performance of the company is also known as....

Question 4. If the actual payment to labor is $1200 and the budgeted rate is $1000, then the labor price variance would be....

Question 5. If the actual result is $65000 and the static budget variance is $35000, then the static budget amount will be....

Question 6. The determined price at which the company expects to pay for every single unit is called....

Question 7. If the sales budget variance for operating income is $58000 and the static budget amount is $15000, then flexible budget....budget amount is $15000, then flexible budget amount will be

Question 8. The production volume variance is also called....

Question 9. In the budgeted fixed overhead rate, the number of machine hours are considered as....

Question 10. If the number of units are 3000 and the per unit price is $500, then the flexible budget variable will be....

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