To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from Options: A . &nbspflexible budget amount B . &nbspconstant amount C . &nbspvariable amount D . &nbspproduction amount

To calculate fixed overhead flexible budget variance, an actual incurred cost is

Question

To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from

Options:

A . flexible budget amount

B . constant amount

C . variable amount

D . production amount

Answer: Option A
Answer: (a).flexible budget amount

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Question 1. The first step in developing cost rate for budgeted variable overhead is to....

Question 2. In overhead cost variance analysis, the fixed overhead does not include....

Question 3. If fixed overhead allocated for actual output units is $25000 and the production volume variance is $9000, then budgeted....volume variance is $9000, then budgeted fixed overhead will be

Question 4. If an actual variable quantity is 70, the actual and budgeted overhead cost of allocation is $8650 and $3500 respectivel....$3500 respectively, then the variable overhead spending variance will be

Question 5. The variance is the stated difference between expected performance and the....

Question 6. The difference between actual input variance and the budgeted input variance is called....

Question 7. A costing system, which focuses on individual activities as the particular cost object is classified as....

Question 8. The performance is evaluated only on the basis of price variance, if the performance evaluation is....

Question 9. An efficiency variance is 200 units and the actual input quantity is 500 units, then the budgeted input quantity will be....is 500 units, then the budgeted input quantity will be

Question 10. The better administration of budget in budgeting plans require....

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