ACC 556 STR Course Great Wisdom / tutorialrank.com ACC 556 STR Course Great Wisdom / tutorialrank.com | Page 49

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

$50,000 per month

Variable manufacturing costs

$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: