Standard input allows one unit, to be divided by standard cost per output unit for variable direct cost input, to calculate standard price per input unit. A standard cost is described as a predetermined cost, an estimated future cost, an expected cost, a budgeted unit cost, a forecast cost, or as the "should be" cost.
Consideration of decreased operating income relative to budgeted amount in static budget is classified as
Consideration of decreased operating income relative to budgeted amount in static budget is classified as unfavourable variance. 'Unfavorable variance' is an accounting term that describes instances where actual costs are greater than the standard or expected costs.
If flexible budget variance is $105000, actual cost is $65000 then flexible budget cost will be