What type of variance is calculated by comparing actual costs to the flexible budget?
Answer to relevant QuestionsWhat are the two direct materials variances? What factors can affect each variance and who is generally responsible for the variance? What is the fixed overhead spending variance? What factors can affect the variance?How is residual income calculated? Describe the cost based method of transfer pricing?When would you use an annuity factor in a net present value calculation instead of a present value factor for a single cash flow?
Post your question