Question

What causes the difference between static and flexible budget amounts?

What causes the difference between static and flexible budget amounts?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the difference between a static and flexible budget?
What is the difference between a static and flexible budget?
Question 1 The difference between a static budget and a flexible budget is as follows: a...
Question 1 The difference between a static budget and a flexible budget is as follows: a The flexible budget highlights a single activity, while a static budget allows budgeting over a range of activities. b The static budget highlights a single activity level, while the flexible budget shows expected results for several activity levels. c The flexible budget measures expected income throughout a relevant range, while the static budget measures various activity levels for only one relevant range. d There...
While I understand the difference between what and Flexible budget and a Static budget is, one...
While I understand the difference between what and Flexible budget and a Static budget is, one being the planning budget and one corresponding with what actually happens in a business, but when is it most appropriate to use one over the other? Should every business have both types of the budget or are there circumstances when using only one is necessary?
Describe (written, not visual) an example of how an unfavorable difference between actual and budget amounts...
Describe (written, not visual) an example of how an unfavorable difference between actual and budget amounts on a static budget can become a favorable difference on a flexible budget.
What is a flexible budget and how does it differ from a static planning budget? PLEASE...
What is a flexible budget and how does it differ from a static planning budget? PLEASE BE VERY DETAILED :)
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Niland Company agreed...
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Niland Company agreed to the following monthly static budget for the upcoming year: Niland Company Machining Department Monthly Production Budget Wages $412,000 Utilities 26,000 Depreciation 43,000 Total $481,000 The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: Amount Spent Units Produced January $453,000 118,000 February 435,000 108,000 March 414,000 97,000 The Machining Department supervisor has...
5. The reason why the managers will find a flexible-budget analysis more informative than a static-budget...
5. The reason why the managers will find a flexible-budget analysis more informative than a static-budget analysis
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Hagerstown Company agreed...
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Hagerstown Company agreed to the following monthly static budget for the upcoming year: Hagerstown Company Machining Department Monthly Production Budget Wages $663,000 Utilities 31,000 Depreciation 53,000 Total $747,000 The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: Amount Spent Units Produced May $704,000 128,000 June 673,000 117,000 July 639,000 105,000 The Machining Department supervisor has...
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Niland Company agreed...
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Niland Company agreed to the following monthly static budget for the upcoming year: Niland Company Machining Department Monthly Production Budget Wages $264,000 Utilities 15,000 Depreciation 26,000 Total $305,000 The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: Amount Spent Units Produced January $288,000 51,000 February 278,000 47,000 March 263,000 42,000 The Machining Department supervisor has...
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Hagerstown Company agreed...
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Hagerstown Company agreed to the following monthly static budget for the upcoming year: Hagerstown Company Machining Department Monthly Production Budget Wages $189,000 Utilities 11,000 Depreciation 19,000 Total $219,000 The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: Amount Spent Units Produced May $207,000 51,000 June 199,000 47,000 July 189,000 42,000 The Machining Department supervisor has...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT