Pokeman Bunch Inc., manufactures Poke Monster figures, and has the following data from its operation for the year just completed.The column heading identified as A is:
A) The selling price variance.
B) The total efficiency variance.
C) The flexible-budget (F
B) variances.
D) The sales volume variance.
E) The production volume variance.

Question

Pokeman Bunch Inc., manufactures Poke Monster figures, and has the following data from its operation for the year just completed.The column heading identified as A is:
A) The selling price variance. 
B) The total efficiency variance. 
C) The flexible-budget (F
B) variances. 
D) The sales volume variance. 
E) The production volume variance.

Quizplus · Accepted Answer

The column heading A shows the flexible-budget (FB) variances, which refer to the variances between the flexible budget and the actual results. These variances include the flexible-budget variance, sales volume variance, production-volume variance, and their related sub-variances.