The favourable variance is:
A) budgeted payments for rent $50 000,actual rent $55 000
B) budgeted payment for advertising $18 000,actual advertising $17 500
C) budgeted payment for wages $32 000,actual wages $34 000
D) budgeted payment for interest $500,actual interest $500
Correct Answer:
Verified
Q36: If beginning finished goods inventory consists of
Q37: Budget targets should be:
A)set at the highest
Q38: From the following list of budgets,select the
Q39: Cost of materials required to be purchased
Q40: A cash budget assists decision making by:
A)documenting
Q42: Budgets are used to operationalise an entity's
Q43: The budget which shows the expected future
Q44: Performance _ involves setting business targets in
Q45: Which statement is
Q46: Which of the following strategies could be
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