A Company Is Analyzing Its Month-End Results by Comparing It

question 69

Multiple Choice

A company is analyzing its month-end results by comparing it to both static and flexible budgets.During the month,the actual variable costs per unit were lower than the expected variable costs per unit as per the static budget.This difference results in a(n) ________.

• A) favorable flexible budget variance for variable costs
• B) favorable sales volume variance for variable costs
• C) unfavorable flexible budget variance for variable costs
• D) unfavorable sales volume variance for variable costs

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Definitions:

Eminent Creativity

A high level of creative ability that significantly impacts a field or area, demonstrating originality and innovation.

Little "c"

Often refers to the "little c creativity," which denotes everyday problem-solving and creative processes that are not necessarily groundbreaking but important for daily tasks.

Stumbling Blocks

Obstacles or barriers that hinder progress or make it difficult to achieve a goal.

Scholastic Ability

The capacity or aptitude to learn or excel in academic settings.