Home→ Cost Accounting Mcqs → Flexible Budget and Management Control →The budget which calculates the expected revenues and expected costs, based on the actual output quantity is named as __________?

If the sales budget variance for operating income is $58000 and the static budget amount is $15000, then flexible budget amount will be __________?
If the flexible budget amount is $82000 and the actual result is $45000 then the flexible budget amount will be __________?
If the flexible budget amount is $27000 and flexible budget variance is $12000, then actual result amount would be __________?
If the sales budget variance is $47000 and the flexible budget amount is $77000, then the static budget amount will be __________?
If the sales budget variance is $57000 and the flexible budget amount is $97000, then the static budget amount will be __________?
The flexible budget amount is $57000 and flexible budget variance is $14000, then actual result amount will be __________?
If the flexible budget amount is $62000 and an actual result is $35000, then the flexible budget amount would be __________?
An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate __________?
The difference between the flexible budget amount and the corresponding actual result is called __________?
The static budget amount is subtracted from the flexible budget amount to calculate the __________?
The flexible budget amount is added to flexible budget variance to calculate
If the sales budget variance for operating income is $68000 and the static budget amount is $19000, then flexible budget amount will be __________?
The subtracted flexible budget amount can form an actual result to calculate __________?
If the static budget is $208000 and the flexible budget amount is $305000, then the sales budget variance will be __________?
If the actual result is $26000, the flexible budget amount is $13000, then the flexible budget amount will be __________?
The flexible budget variance for the revenues of company is classified as __________?
If the static budget amount is $9000, the flexible budget amount is $20000, then the sales volume variance will be _________?
If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be __________?
If the actual result is $25000 and the flexible budget amount is $11000, then the flexible budget amount is __________?
If the static budget amount is $6000 and the flexible budget amount is $15000, then the sales volume variance will be __________?
If the number of units are 3000 and the per unit price is $500, then the flexible budget variable will be _______?
If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be __________?
The number of units are 5000 and the per unit price is $60, then the flexible budget variable would be _________?
Number of units are multiplied to per unit price, to calculate __________?
Number of units are multiplied to per unit price, to calculate __________?
If the static budget is $405000 and the flexible budget amount is $620000, then the sales budget variance will be __________?
The difference between the flexible budget amount and the corresponding static budget amount is classified as __________?

The budget which calculates the expected revenues and expected costs, based on the actual output quantity is named as __________?

A. flexible budget
B. fixed budget
C. variable budget
D. multiplied budget

Correct Answer: flexible budget ✔

Last Updated: May 11, 2023