If the actual result is $26000, the flexible budget amount is $13000, then the flexible budget amount will be __________?
Correct answer: C. $13,000
- A. $39,000
- B. $49,000
- C. $13,000
- D. $15,000Standardized & Admissions Tests
Explanation
The flexible budget amount is already stated as $13,000, so option c merely repeats the given figure. The actual result of $26,000 would produce a $13,000 flexible-budget variance, but that is not what the wording asks.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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