The manager of an investment center can improve ROI by reducing average operating assets . Question 6
What is budgetary control ? Question 7
A static budget is appropriate in evaluating a manager ' s performance if Question 8
What is the primary difference between a static budget and a flexible budget ? Question 9
If a company plans to sell 48,000 units of product but sells 60,000 , the most appropriate comparison of the cost data associated with the sales will be by a budget based on Question 10
Nikoto Steel Co . budgeted manufacturing costs for 50,000 tons of steel are :
Fixed manufacturing costs Variable manufacturing costs
$ 50,000 per month $ 12.00 per ton of steel
Nikoto produced 40,000 tons of steel during March . How much is the flexible budget for total manufacturing costs for March ? Question 11
At 18,000 direct labor hours , the flexible budget for indirect materials is $ 36,000 . If $ 37,400 are incurred at 18,400 direct labor hours , the flexible budget report should show the following difference for indirect materials