Difference between actual variable overhead cost and flexible budget variable overhead amount is termed as
A. overhead flexible budget variance
B. overhead fixed budget variance
C. overhead flexible cost variance
D. overhead flexible price variance
Answer: Option A
Solution(By Examveda Team)
Difference between actual variable overhead cost and flexible budget variable overhead amount is termed as overhead flexible budget variance. A flexible budget is a budget that shows differing levels of revenue and expense, based on the amount of sales activity that actually occurs.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
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B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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