Flexible Budget Examples( Chapter 18) Taxes Business Economics
What Budgeted Amounts Appear On The Flexible Budget. The flexible budget is more sophisticated and useful than a static budget. The correct answer is c explanation:
Actual costs for the budgeted activity level c. A.actual costs for the estimated activity level b.budgeted amounts for the actual activity level achieved c.actual costs for the budgeted activity level d.original budgeted amounts at the static budget activity level accounting business managerial accounting adms 1500 answer & explanation In other words, a flexible budget uses the revenues and expenses produced in the current production as a baseline and estimates how the revenues and expenses will change based on changes in the output. A flexible budget is financial plan of estimated revenues and expenses based on the current actual amount of output. O original budgeted amounts at the static budget activity level. Web enter the resulting flexible budget for the completed period into the accounting system for comparison to actual expenses. Web what is the flexible budget amount? The process of providing information on budget differences to lower level managers c. Budgeted amounts for the actual activity level achieved. Actual costs for the estimated activity level
The correct answer is c explanation: In other words, a flexible budget uses the revenues and expenses produced in the current production as a baseline and estimates how the revenues and expenses will change based on changes in the output. Actual costs for the estimated activity level. Web actual costs for the estimated activity level. Actual costs for the budgeted activity level. The flexible budget report is a management report that compares actual revenue or profit to costs for the period or year, and budgeted revenue or profit and cost is volume based actual sales. A flexible budget is financial plan of estimated revenues and expenses based on the current actual amount of output. Web original budgeted values at the static budget activity level. If 5,000 machine hours were necessary for the month of january, the flexible budget for january will be $90,000 ($40,000 fixed + $10 x 5,000 mh). A) original budgeted amounts at the static budget activity level b) actual costs for the budgeted activity level c) budgeted amounts for the actual activity level achieved d) actual costs for the estimated activity level c) budgeted amounts for the actual activity level achieved 10. Web what is the flexible budget amount?
