Multiple Choice
If budgeted sales revenue is $210,000 and actual sales revenue is $250,000,and budgeted expenses are $125,000 and actual expenses are $172,000,the profit variance for the period is:
A) $87,000F
B) $87,000U
C) $7,000 F
D) $7,000 U
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: Which of these is part of the
Q30: A budget performance report is being prepared
Q31: Tidal Co has the following transactions
Q32: The primary purpose of a budget is:<br>A)To
Q33: A b_ is a detailed plan that
Q34: The direct labour budget is developed from:<br>A)The
Q36: The best explanation of goal congruence is<br>A)All
Q37: Radak Inc plans to produce 30 000
Q38: Virtually every phase of the master budget
Q39: The <u>untrue</u> statement is:<br>A)A properly prepared budget