Aperformance report shows that the planned revenue was $200,000, the flexible budget revenue was $225,000, and actual revenue was $223,000. which of the following statements are true? a) the activity variance is $25,000 favorable. b) the activity variance is $25,000 unfavorable. c) the revenue variance is $2,000 unfavorable. d) the revenue variance is $2,000 favorable.
Solved
Show answers
More tips
- H Health and Medicine How does childbirth happen: everything future mothers need to know...
- H Health and Medicine What Are the Best Vitamins? A Scientific View on Vitamin Supplements...
- A Auto and Moto How to Deregister a Car in Moscow?...
- A Auto and Moto What Is the Cost of Customs Clearance for a Car in Russia?...
- A Auto and Moto How to choose the right drive for your BMW...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
- L Leisure and Entertainment Mysteries of the Name Vyacheslav Dobrynin...
- H Health and Medicine What makes Graves’ disease dangerous?...
- F Food and Cooking When is Easter in 2011?...
- C Computers and Internet Best Antivirus: How to Choose Protection for Your Computer?...
Answers on questions: Business
- B Business Computing, Analyzing and Interpreting Residual Operating Income (ROPI) In its annual report for the fiscal year ended July 27, 2019, Cisco Systems reports net operating...
- M Mathematics What is the following quotient? Square root of 96/square root of 8...
- S Social Studies Discuss the importance of this dialogue between parris and proctor...
- E English Write a paragraph answering the question, what is etiquette?...
- M Mathematics A small submarine travels at a speed of 2.4 km per hour. How far will the submarine travel in 0.25 hours...
- E English In the book Refugee page 1 - 92, What does Josef try to do on the train? What does this say about his character?...
Ответ:
A) The activity variance is $25,000 Favorable
C) The revenue variance is $2,000 Unfavorable.
Explanation:
As for the information provided we know that activity variance represents the variance in between the planned activity that is $200,000 and flexible budgeted activity = $225,000
Since revenue is more in flexible budget the variance is favorable.
= $225,000 - $200,000 = $25,000 Favorable.
Further actual revenue earned - the budgeted flexible revenue is the revenue variance, it represents what actually could be achieved and is not achieved.
Thus, it is calculated as = Actual Revenue - Budgeted Flexible Revenue = $223,000 - $225,000 = $2,000 Unfavorable.
Ответ:
Your question can either make or break your interview. The interviewer’s question is the awaited part of the interviewers because they will assess the employee’s critical mindedness upon asking the right question. Therefore, the candidate must give a lasting impression when aking a question and by impression, meaning good impression.