The Sales Revenue Flexible Budget Variance Was:
A) $15,000 Unfavorable

question 69

Multiple Choice

$$\begin{array} { l r c } \text { Item to Classify } & \text { Starddard } & \text { Actual } \\\text { Sales Reveruse } & 820,000 & 835,000 \\\text { Wages } & 125,000 & 128,000 \\\text { S\&A Expenses } & 400,000 & 408,000 \\\text { Cost of Goods Sold } & 608,000 & 600,000\end{array}$$ The sales revenue flexible budget variance was:

• A) $15,000 unfavorable.
• B) $7,000 favorable.
• C) $15,000 favorable.
• D) $7,000 unfavorable.

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Definitions:

Means

Statistical measures that represent the average or central value of a data set by summing all the values and dividing by the number of values.

Main Effects

The direct influence of an independent variable on a dependent variable in an experimental study.

Independent Variable

A variable in an experiment that is manipulated or changed to observe its effect on a dependent variable.

Dependent Variable

In statistical analysis, this is the variable that is being tested and measured, often seen as the outcome influenced by independent variables.