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
Question 12 Top management can control Question 13 A manager of a cost center is evaluated mainly on Question 14 Given below is an excerpt from a management performance report :