To identify a variance without indicating whether it is favorable f or unfavorable u does not indicate
A) The impact of the variance on operating income.
B) The amount of the variance.
C) Whether the amount relates to price or quantity.
D) None of these ans choices are correct.
Correct Answer:
Verified
Q25: The flexible budget variance for direct labor
Q28: If a company's workforce consists of a
Q32: A static budget is one that
A)is based
Q32: The direct labor rate variance is part
Q33: When the budget being used is a
Q34: When a variable overhead efficiency variance is
Q36: Investigating the cause of a variance is
Q36: Variances are labeled as
A)Avoidable or unavoidable.
B)Favorable or
Q38: An unfavorable variance is a variance that
A)Increases
Q39: Most companies monitor their performance
A)Monthly.
B)Weekly.
C)Daily.
D)All of these
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