If the Total Sales-Activity Variance Was $8,000 Favorable, and the Total

question 74

Multiple Choice

If the total sales-activity variance was $8,000 favorable, and the total static-budget variance was $10,000 favorable, then the total flexible-budget variance must have been:

• A)$18,000 favorable
• B)$2,000 favorable
• C)$2,000 unfavorable
• D)indeterminable

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Definitions:

Warehouse Receipts

Documents issued by warehouse operators certifying the possession and storage of specified goods.

Bills of Lading

Official documents issued by a carrier to acknowledge the receipt of cargo for shipment.

Accession

A method of acquiring property rights by adding value to personal property through labor or new materials.

Speakers

Devices designed to produce audio output from an electronic device.