City Golf Center reported actual operating income for the current year as $66,000.The flexible budget operating income for actual volume is $56,000,while the static budget operating income is $59,000.What is the flexible budget variance for operating income?
A) $10,000 favorable
B) $10,000 unfavorable
C) $3,000 unfavorable
D) $3,000 favorable
Correct Answer:
Verified
Q42: In a standard costing system,each input of
Q50: An unfavorable sales volume variance in operating
Q51: McGrath's produces and sells two types
Q51: Standard costs are developed by the cooperative
Q52: Complete the following table:
Q53: Setting standard costs is a function of
Q55: Companies conduct time-and-motion studies and use benchmarks
Q58: A company is setting its direct materials
Q60: Underwater Sports Equipment Company projected sales of
Q61: For each of the following efficiency
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents