Fixed costs should not be included in a performance report because fixed costs are not controllable.
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Q11: The revenue and spending variances are the
Q12: A spending variance is the difference between
Q13: If activity is higher than expected,total variable
Q14: A revenue variance is favorable if the
Q15: The activity variance for revenue is unfavorable
Q17: A static budget:
A)should be compared to actual
Q18: Directly comparing static budget costs to actual
Q19: Flexible budgets cannot be used when there
Q20: Which of the following comparisons best isolates
Q21: Oscarson Midwifery's cost formula for its wages
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