Suppose the Standard for a Given Cost During a Period

question 113

Multiple Choice

Suppose the standard for a given cost during a period was $80,000.The actual cost for the period was $72,000.Under what circumstances would you consider the variance from budget to be a positive performance indication?

• A)The cost is fixed,and actual production was 90 percent of the standard level of budgeted production.
• B)The cost is variable,and the standard cost noted above is the cost at a production level lower than the actual production level.
• C)The cost is variable,and actual production was 90 percent of the standard level of production.
• D)The cost is variable,and actual production was 75 percent of the standard level of production.

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