11. Actual price of material is less than budgeted price, this means that
12. An actual rate paid to labour is greater than budgeted rate, it means that the
13. If flexible budget variance is $95000 and an actual cost is $40000, then flexible budget cost would be
14. If a company uses large quantity of input than budgeted quantity for output level, then company is known to be
15. In cost accounting, goal of variance analysis is to
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