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3 years ago

The flexible budget variance is the difference between the ________.

Business

1 answer:

zmey [24]3 years ago

4 0

Answer:

The correct answer is A

Explanation:

Flexible budget is the budget which states or shows differing levels of the expenses and the revenue grounded on the amount of activity of sales which actually occurs or happen. When the actual amount of revenue is into the flexible budget, this states or means that any variance will appear among the actual and budgeted expense.

Flexible budget variance is the difference among the amount predicated and the actual amount on the flexible budget.

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Unilateral contract is the correct answer

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4 years ago

Synopsis:

Tpy6a [65]

Explanation:

This is a complex issue that may reflect on the organizational culture of that company. As a leader, it is necessary to understand the situation and listen to both parties in order to find a favorable solution for the company and the employees. Since Marshall's work is important to the company, firing him at first may not be a favorable decision, what the leader can do is provide feedback to him about his interpersonal relationship at the company.

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3 years ago

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CaHeK987 [17]

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3 years ago

The following data relate to direct labor costs for the current period:

mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs 9,000 hours at $5.50

Actual costs 8,500 hours at $5.75

we have two formulas to calculate for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 = $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

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3 years ago

The flexible budget variance is the difference between the​ ________.

The flexible budget variance is the difference between the ________.