User Account

All Pages

What is main difference between static and flexible budgets

Assignment Help Accounting Basics
Reference no: EM132723686

Problem 1: The direct materials budget is prepared using which budget's information?

select correct one

A. Cash payments budget

B. Cash receipts budget

C. Production budget

D. raw material budget

Problem 2: What is the main difference between static and flexible budgets?

select correct one

A. The fixed manufacturing overhead is existed for the units sold in a flexible budget.

B. The variable manufacturing overhead is adjusted in the static budget.

C. There is no difference between the budgets.

D. The variable cost are adjusted in a flexible budget.

Reference no: EM132723686

Questions Cloud

Which transfer pricing structure that consider opportunity : Which a transfer pricing structure that consider is the opportunity cost of selling to internal rather than external customer uses?
Experiences and treatment of overweight people : How do these perceptions affect the experiences and treatment of overweight people in organizations? What can be done about these perceptions?
When is the material price variance favorable : When is the material price variance favorable? When the actual quantity used is greater than the standard quantity. / When the actual price is less
Describe challenges toyota faced as a japanese company : Describe challenges toyota faced as a japanese company in china case study
What is main difference between static and flexible budgets : What is the main difference between static and flexible budgets? The fixed manufacturing overhead is existed for the units sold in a flexible budget.
Standpoint of social responsibility : What actions have been taken by Coca Cola in your country to demonstrate that it is a socially responsible company?
Assess the feasibility of adopting parallelism : Critically assess the feasibility of adopting parallelism concept in SMP environment.
Which is the correct formula for computing the overhead rate : Which is the correct formula for computing the overhead rate? estimated use of cost driver for production / estimated overhead for activity
Outline the kyoto protocol and australia obligations : 1. Outline the Kyoto Protocol and Australia's obligations under the Protocol, as well as its current targets and the adequacy of these targets.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Wages earned by employees during november 2012 unpaid and

a. cardons winterized cleaned and covered three boats for customers at the end of november but did not record the

  Calculate the federal income tax for an individual

How would I calculate the Federal Income Tax for an individual who is married with 4 allowances

  Determining the type of market

For each of the following statements, identify the kind of market it describes. Employ an example from the readings or the internet for each characteristic and explain your choice.

  Suppose you just won the state lottery and you have a

suppose you just won the state lottery and you have a choice between receiving 2550000 today or a 20-year annuity of

  Use the internet to research the current provisions

Use the Internet to research the current provisions and proposed changes reflected in the exposure draft for lease accounting under generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS). Be prepared to..

  Financing alternatives the severn company

FINANCING ALTERNATIVES The Severn Company plans to raise a net amount of $270 million to finance new equipment in early 2015. Two alternatives are being considered: Common stock may be sold to net $60 per share, or bonds yielding 12% may be issued..

  In addition to costs experienced costs overruns of 800000

contract price 8000000 -------------------2012---------------- 2013----------------- 2014 est. cost----- 1600000

  Prepare the journal entry using the book value method

Assume, instead, that Hammond Corp. decides to retire the bonds early, on January 1, 2022, by paying cash of $3,306,000 to the bondholders.

  Discuss return on any money invested during this period

Assuming Brad can earn a 4% rate of return on any money invested during this period, which option should he choose

  Prepare the statements using a vertical statements format

Prepare an income statement, statement of changes in equity, balance sheet, and statement of cash flows for the 2013, 2014, 2015, and 2016 accounting periods.

  What are the tax consequences of distribution to Quinlan

Quinlan has ample E & P to cover any distributions made during the year. What are the tax consequences of this distribution to Quinlan

  Nbspcomplete the following 5 exercises below in either

nbspcomplete the following 5 exercises below in either excel or a word document but must be single document. you must

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd