A flexible budget performance report compares actual performance and budgeted performance based on actual sales.A flexible budget performance report compares the differences between: Help Save & Exit Actual performance and budgeted performance based on actual sales. Flexible Budget Performance Report. This report compares the actual level of activity with a the corresponding flexible budget to measure variances in each cost. The correct answer is e. Actual performance and budgeted performance based on actual sales volume. A flexible budget is a budget that adapts with the..A flexible budget performance report is used to compare actual results for a period to the budgeted results generated by a flexible budget.
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a budget that is based on one predicted amount of sales or other activity measure is a:
Award:1.00 pointA ?exible budget is based on a single predicted amount of sales or other activity measure.TrueFalse .At its simplest, a sales forecast is a projected measure of how a market will. Break the numbers down by price, product, rep, sales period, and other. Principles of Accounting, Volume 2: Managerial Accounting. Budgeting. The sales budget is the foundation for other operating budgets.Click here to get an answer to your question ?? A flexible budget is based on a single predicted amount of sales or other activity measure. a) true b). A flexible budget is one based on different volumes of sales. to apples because it will calculate budgeted costs based on the actual sales activity.
a budget that is based on more than one amount of sales or other activity measure is called a:
The purpose of this article is to critically evaluate the two main methods for preparing budgets – the incremental approach and the zero-based approach.In contrast to other approaches, a full program budget bases expenditures solely on programs of work regardless of objects or organizational units. As these two. A flexible budget is one based on different volumes of sales. efforts and may have some products that require more electricity than other products.budget variance is used in the two-way analysis of factory overhead. It. X = any given measure of activity such as volume and labor hours.A budget variance measures the difference between budgeted and actual figures. A favorable variance is one where revenue comes in higher than budgeted,
a flexible budget is prepared
Flexible budgeting can be used to more easily update a budget for which revenue or other activity figures have not yet been finalized. Under. A flexible budget is a tool used in the preparation of financial statements. It allows companies to prepare budgets under different scenarios to. Flexible budgets are one way companies deal with different levels of activity. A flexible budget provides budgeted data for different levels of activity.Flexible budget= Fixed cost + (actual unit of activity x variable cost per unit of activity). We can use any of these three methods to prepare. A flexible budget is a budget that adjusts or flexes with changes in volume or activity. The flexible budget is more sophisticated and useful than a static.
a flexible budget performance report for variable manufacturing costs shows
A variable manufacturing overhead efficiency variance indicates whether more or less of the chosen allocation base was used than was budgeted for the actual. Learning Objective P1: Prepare a flexible budget and interpret a flexible budget performance report. A manufacturing company reports the fixed budget and actual. Evaluating a performance report. department, received the performance report shown below but could. Variable manufacturing costs: Direct materials.Correct answer ? to the question: A flexible budget performance report for variable manufacturing costs shows. a. only the activity variances. b. both the. Click here to get an answer to your question ?? A flexible budget performance report for variable manufacturing costs shows ______. a. only the.