Number of units are multiplied to per unit price, to calculate ___________?
Correct answer: C. flexible budget variable
- A. multiple budget variable
- B. fixed budget variable
- C. flexible 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 __________?
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The difference between the flexible budget amount and the corresponding static budget amount is classified as ___________?
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