An Unfavorable Flexible Budget Variance in Variable Costs Suggests A(n)________

question 147

Multiple Choice

An unfavorable flexible budget variance in variable costs suggests a(n) ________.

• A) increase in sales price per unit
• B) decrease in sales volume
• C) increase in variable cost per unit
• D) decrease in fixed costs

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Definitions:

Billable Hours

The amount of time charged to a client for activities that a service provider, such as a lawyer, spends working on a given project or case.

Overtime Hours

Time worked by employees beyond their regular working hours, typically compensated at a higher pay rate.

Billable Hours

The amount of time spent on a client's work that can be charged to them, typically used in law firms and consulting firms.

Continuing Education

Educational programs designed for adults to enhance their skills, knowledge, and qualifications, often for career advancement or personal enrichment.