Multiple choice
Not what you're looking for?
When using a flexible budget, a decrese in activity within the relevant range:
1-decreases variable cost per unit
2-decreases total costs
3-increases totoal fixed costs
4-increases variable cost per unit
A major disavantage of static budge is:
1- the difficulty in developing such a budget due to high cost of gathering the necessary information.
2-the cost behavior pattern of manufacturing overhead, which is primarily fixed.
3-that cost variances between actual and budget on a static budget result from comparing actual costs to one level of activity to budget costs at a different level of activity
4-their lenght and complexity.
Purchase this Solution
Solution Summary
The solution explains two miltiple choice questions relating to flexible and static budget
Solution Preview
The correct option is 2- decreases total cost
In a flexible budget, the variable costs will decrease with activity while the fixed costs remain the ...
Purchase this Solution
Free BrainMass Quizzes
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Motivation
This tests some key elements of major motivation theories.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.