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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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Hammes Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and

Sergio039 [100]

Answer:

c. $191 Favorable

Explanation:

Flexible budget Planning budget Activity variance

Units produced 5,510 units 5,500 units

Revenue $237,481 $237,050

Total Expenses ($207,340) ($207,100)

Net Operating Income $30,141 $29,950 $191 F

<u>Workings</u>

Flexible budget revenue = 5,510 units*$43.10 = $237,481

Planning budget revenue = 5,500 units*$43.10 = $237,050

Flexible budget expenses = $75,100 + $24*5510 = $207,340

Planning budget expenses = $75,100 + $24*5500 = $207,100

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2 years ago

Suppose the own price elasticity of demand for good X is -3, its income elasticity is -3, its advertising elasticity is 4, and t

WINSTONCH [101]

Answer:i dont know

Explanation:

8 0

2 years ago

All of the following statements regarding leases are true except _______.

dalvyx [7]

Answer:

I think its D

Explanation:

Hpe this helps.

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3 years ago

How much cash flow an $400 000 investment can produce?

Zanzabum

Can totally vary. Normally, it can create 1,000 dollars up to 2,000 dollars if it's a good investment.

3 0

2 years ago

An increase in the price of one good will have what effect on its complement?a. no effectb. increase in demandc. decrease in dem

Juliette [100K]

Answer: The correct answer is <u>"c. decrease in demand".</u>

Explanation: Complementary goods are all those products that depend on each other. That is, they are so closely linked that the behavior of one inevitably affects the behavior of the other.

The classic example of complementary goods is that of cars and gasoline. The sale of the former may be affected by an increase in the price of the latter; and, at the same time, the consumption of the second depends on the sale of the first.

7 0

3 years ago

Read 2 more answers

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

The flexible budget variance is the difference between the ________.