The difference between corresponding static budget and flexible budget amount is called ___________?

Related Mcqs:

1. The difference between the flexible budget amount and the corresponding static budget amount is classified as ___________?

   A. sales revenue variance
   B. cost profit variance
   C. profit volume variance
   D. sales volume variance

2. The difference between corresponding static budget and flexible budget amount is called __________?

   A. sales volume variance
   B. sales mix variance
   C. sales quantity variance
   D. market share variance

3. The difference between static budget amount and the flexible budget amount is named as ___________?

   A. sales mix variance
   B. sales volume variance
   C. flexible budget variance
   D. static budget variance

4. The difference between static budget amount and the flexible budget amount is named as ____________?

   A. sales mix variance
   B. sales volume variance
   C. flexible budget variance
   D. static budget variance

5. The difference between an actual budget and the corresponding amount in static budget is classified as ___________?

   A. correspondent budget
   B. full budget variance
   C. methodology variance
   D. static budget variance

6. If an actual result is $5500 and corresponding amount of flexible budget on the basis of actual level of output is $3500, then flexible budget variance will be ___________?

   A. $2,500
   B. $5,500
   C. $3,500
   D. $2,000

7. If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be _________?

   A. $3,000
   B. $300
   C. $4,700
   D. $4,500

8. If the sales budget variance for operating income is $68000 and the static budget amount is $19000, then flexible budget amount will be ____________?

   A. $47,000
   B. $57,000
   C. $87,000
   D. $97,000

9. If the sales budget variance is $57000 and the flexible budget amount is $97000, then the static budget amount will be _____________?

   A. $40,000
   B. $154,000
   C. $164,000
   D. $124,000

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

    A. $43,000
    B. $73,000
    C. $63,000
    D. $53,000