In analyzing company operations,the controller of the Jason Corporation found a $250,000 favorable flexible budget revenue variance.The variance was calculated by comparing the actual results with the flexible budget.This variance can be wholly explained by (CMA adapted)
A)the total flexible budget variance.
B)the total static budget variance.
C)changes in unit selling prices.
D)changes in the number of units sold.

Question

Quizplus · Accepted Answer

A favorable flexible budget revenue variance indicates that the actual revenue was higher than the flexible budget revenue, which can be explained by changes in unit selling prices, assuming the number of units sold was as expected in the flexible budget.

In Analyzing Company Operations,the Controller of the Jason Corporation Found