Multiple Choice
Dorffman Inc.has a $12 000 favourable flexible budget variance for May.If May's actual net income was $68 000,which of the following statements is true?
A) Dorffman's static budget must have showed net income of $56 000.
B) Dorffman's static budget must have showed net income of $80 000.
C) Dorffman's flexible budget must have showed net income of $56 000.
D) Dorffman's flexible budget must have showed net income of $80 000.
Correct Answer:
Verified
Correct Answer:
Verified
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