If the flexible budget amount is $27000 and flexible budget variance is $12000, then actual result amount would be _____________?
Correct answer: C. $39,000
- A. $27,000
- B. $15,000
- C. $39,000
- D. $49,000Government
Explanation
Actual result is obtained by adding the flexible budget variance to the flexible budget amount: $27,000 + $12,000 = $39,000. This assumes the stated variance is an unfavorable positive difference.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
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.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
If the sales budget variance for operating income is $58000 and the static budget amount is $15000, then flexible budget amount will be _____________?
The production volume variance is also called __________?
In the budgeted fixed overhead rate, the number of machine hours are considered as _________?
If the sales budget variance is $47000 and the flexible budget amount is $77000, then the static budget amount will be __________?
If the sales budget variance is $57000 and the flexible budget amount is $97000, then the static budget amount will be _____________?
The flexible budget amount is $57000 and flexible budget variance is $14000, then actual result amount will be __________?