Related Mcqs:

1. 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

2. 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

3. 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

4. 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

5. If the sales budget variance is $47000 and the flexible budget amount is $77000, then the static budget amount will be __________?

   A. $144,000
   B. $134,000
   C. $124,000
   D. $30,000

6. 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

7. 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

8. 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

9. If the flexible budget amount is $7500 and the sales volume variance is $6500, then the static budget amount would be ____________?

   A. $7,500
   B. $6,500
   C. $1,000
   D. $10,000

10. If the sales volume variance is $8500 and the static budget amount is $2000, then the flexible budget amount would be ___________?

    A. $6,500
    B. $6,600
    C. $6,700
    D. $6,800