Question: Match the variance to the correct definitions. a . The difference between the expected results in the flexible budget for the actual units sold and
Match the variance to the correct definitions. a
The difference between the expected results in the flexible budget for the actual units sold and the static budget.
b
The difference between actual results and the expected results in the flexible budget for the actual units sold.
c
Measures how well the business keeps unit costs of material and labor inputs within standards.
d
The difference between actual results and the expected results in the static budget.
e
Measures how well the business uses its materials or human resources. Part Variance Definition Cost variance Efficiency variance Flexible budget variance Sales volume variance Static budget variance
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