Complete the following table
Variance How is the variance calculated? How does the variance arise?
Flexible budget
Sales volume
What will be an ideal response
Variance How is the variance calculated? How does the variance arise?
Flexible budget Actual results - Flexible budget The company had different revenues and/or costs than expected for the actual units sold.
Sales volume Flexible budget - Static budget The actual number of units sold differed from the number of units on which the static budget was based.
You might also like to view...
Explain why competitive advantages are temporary.
What will be an ideal response?
Which is a primary responsibility of a service desk?
A. Resolving any and all incidents on the first call B. Researching complex issues for level two analysts C. Acting as a single point of contact for support issues D. Solving any and all problems in a timely manner
Roddam Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product K09EProduct G17BSales$28,000 $38,000 Variable expenses$11,200 $8,600 The fixed expenses of the entire company were $41,970. If the sales mix were to shift toward Product K09E with total dollar sales remaining constant, the overall break-even point for the entire company:
A. would increase. B. could increase or decrease. C. would decrease. D. would not change.
Normally, there is no limit on how long shadowing may maintain backed up files
Indicate whether the statement is true or false.