If sales budget variance is $57000 and flexible budget amount is $97000, then static budget amount will be
A. $40,000
B. $154,000
C. $164,000
D. $124,000
Answer: Option A
Solution(By Examveda Team)
Static budget = Flexible budget - Sales budget variance= $97000 - $57000 = $40,000
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion