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The MCQ: Flexible budget variance for revenues of company is classified as; "Flexible Budget: Cost Accounting" App Download (Free) with answers: Selling price variance; Investment variance; Profit variance; Primary variance; for online masters in accounting. Practice Flexible Budget Cost Accounting Quiz Questions, download Google eBook (Free Sample) for online colleges for business administration.

## Flexible Budget Cost Accounting MCQs: Questions and Answers

MCQ 1: If the actual result is \$25000 and the flexible budget amount is \$11000, then the flexible budget amount is

1. \$36,000
2. \$46,000
3. \$56,000
4. \$14,000

MCQ 2: The flexible budget variance for the revenues of company is classified as

1. selling price variance
2. investment variance
3. profit variance
4. primary variance

MCQ 3: If the actual selling price is \$500, actual result is \$250 and the actual units sold are 350, then the selling price variance will be

1. \$87,500
2. \$97,500
3. \$67,500
4. \$57,500

MCQ 4: If the actual result is \$26000, the flexible budget amount is \$13000, then the flexible budget amount will be

1. \$39,000
2. \$49,000
3. \$13,000
4. \$15,000

MCQ 5: If the static budget is \$208000 and the flexible budget amount is \$305000, then the sales budget variance will be

1. \$67,000
2. \$97,000
3. \$57,000
4. \$47,000

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