If an actual result is $50000 and static budget variance is $25000, then static budget amount will be
A. $75,000
B. $25,000
C. $35,000
D. $45,000
Answer: Option B
Solution(By Examveda Team)
Static budget amount = Actual result - Static budget variance= $50000 - $25000 = $25,000.
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