Number of units are multiplied to per unit price, to calculate ___________?
Correct answer: A. flexible budget variable
- A. flexible budget variable
- B. fixed budget variable
- C. multiple budget variable
- D. constant budgetAccounting & Auditing
Explanation
Multiplying the actual number of units by a per-unit variable amount produces the flexible-budget variable amount. A fixed budget does not adjust its figures for changes in output.
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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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More Cost Accounting questions
The budget which calculates the expected revenues and expected costs, based on the actual output quantity is named as __________?
If the number of units are 3000 and the per unit price is $500, then the flexible budget variable will be _______?
If the static budget amount is $6000 and the flexible budget amount is $15000, then the sales volume variance will be ___________?
If the static budget is $405000 and the flexible budget amount is $620000, then the sales budget variance will be ___________?
The difference between the flexible budget amount and the corresponding static budget amount is classified as ___________?
The economic results that are predicted for possible combinations of events are classified as _______?