An efficiency variance is subtracted from actual input quantity to calculate
A. actual quantity manufactured
B. budgeted quantity manufactures
C. budgeted quantity sold
D. budgeted input quantity
Answer: Option D
Solution(By Examveda Team)
An efficiency variance is subtracted from actual input quantity to calculate budgeted input quantity.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
Join The Discussion