Answer: $800 less than standard for the achieved level of activity
Explanation:
A flexible budget variance refers to the difference that occurs between the results that are gotten by a flexible budget model and the actual results gotten.
Since the flexible-budget variance is $800 favorable for unit-related costs, this indicates that costs were $800 less than standard for the achieved level of activity.
Therefore, the correct option is D.
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I don't know what you're asking is this a question
Answer:
The income before taxes for Discounted Supplies Inc is calculated as follows:
Sales - $100,000
less Variable cost - $24,500
less Fixed cost: Controllable & Uncontrollable & Unallocated - $25,500
less Operating cost - $16,400
Net Income = $33,600
Explanation:
The net income is the income before taxes. It is arrived at after deducting variable and fixed costs of sales, including operating cost.
It is based on this figure that income taxes will be levied.
The net income or income before taxes is regarded as the bottomline profit or returns or earnings that is distributable to stakeholders, including the government for taxation and the shareholders in form of dividends.
It shows the result of the efforts in running a business. A positive income before taxes shows that costs are being efficiently managed. It leaves a compensation for investors and the economy as a whole.
Answer: These can be explained as follows :-
Explanation: Costs which changes with the change in level of output is called variable cost and the cost which remain fixed at every level of output is called fixed cost. Therefore :-
A. Payment of fire insurance is a fixed cost as it will remain same at all levels.
B. Requirement of dough will increase with the increase in sales hence it is a variable cost.
C. Workers wages will remain same even if there is no sale hence it is a fixed cost.
D. She has to make lease payment irrespective of output hence it is a fixed cost.
E. Weekly payment to newspaper is not affected by the level of sales hence it is a fixed cost.
