What is the flex budget variance for operating income? What is the volume variance for operating income?
Fantastic news! We've Found the answer you've been seeking!
Question:
- What is the flex budget variance for operating income?
- What is the volume variance for operating income?
- What do the flex budget variance and volume variance for operating income sum to?Does this equal the total master budget varianceYes or No? Should it always sum (or net) to the total master budget variance, even if one is U and one is F?Yes or No?
- How much of the master budget variance for Sales was caused by an UNANTICIPATED increase in volume?
- How much of the master budget variance for Commission Expense was caused by an UNANTICIPATED increase in volume?
- How much of the master budget variance for Advertising Expense was caused by an UNANTICIPATED increase in volume?
- How much of the master budget variance for CGS was caused by some factor OTHER THAN volume?
- What could account for this variance?
- How much of the master budget variance for Sales Revenue was caused by some factor OTHER THAN volume?
- What could account for this variance?
- How much of the master budget variance for Advertising Expense was caused by some factor OTHER THAN volume?
- What could account for this variance?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: