The flexible budget variance for operating income can be determined just as any other variance. The difference between the amounts within the flexible budget and the actual expenses and revenues will need to be determined to find the variance in the operating income. What are the benefits of fle...
The difference between the actual amounts and the flexible budget amounts for the actual output achieved is the A. Standard cost variance. B. Production volume variance. C. Flexible budget variance. D. Sales volume variance. 正确答案:C 分享到: 答案解析: A. The term "standard cost varianc...
Period –Select Date interval code or From date and To date of balances to be transferred into the flexible budget. Change –Specify the time shift of the balances. The Quantity field defines the number of time units for time shift. The Unit field defines the units for time shift (day...
Next to those, include the relevant figures from the flexible budget. Finally, in the final column note the difference between the actual expenses and the flexible budget. If there is a difference, be sure to notate whether or not the variance was favorable, meaning money was saved, or ...
Plan values Open the Plan cost values form to enter budget values. Workload Create, maintain, and view the work load for the various dimensions. Calculation Calculate the plan allocations and cost rate calculations. Transfer balances Transfer actual balances on the various cost and service categories...
FlexibleBudgets,Direct-CostVariances,ManagementControlBasicConceptsVariancedifferencebetweenexpected(budgeted)amountManagementfocusingattentionexpected(budgeted)Static(Master)BudgetoutputplannedbudgetperiodBasicConceptsStatic-BudgetVariance(LeveldifferencebetweenactualresultcorrespondingstaticbudgetamountFavorableVarianceincreasing...
RedRock Company uses flexible budgeting for cost control. RedRock produced 10,800 units of product during October, incurring indirect materials costs of $13,000. Its master budget for the year reflected indirect materials costs of $180,000 at a production volume of 144,000 units. A flexible ...
实际结果的折旧率和租金的灵活预算是相同的,实际结果是固定的开销超过400英镑 This company's budget management expenses will be 2,000 pounds, the actual result compares, it is worth paying more money to manage the company, will bring more benefit Tricol PLC.The actual result depreciation rate and ...
A static budget stays the same regardless of sales or revenue changes within the company. Instead, it uses predicted fixed costs for a given period, such as a month, quarter, or year to determine how much the company can allocate to various projects, business ideas, and activities. Static...
D To enable accurate reforecasting when actual costs are known 考点 Chapter16Thebudgetaryprocess 解析 A flexible budget facilitates control by establishing a budget relevant to actual activity levels.多做几道 A company uses a standard absorption costing system. Last month budgeted production was ...