10 questions. just do 1.) answer 2.) answer and so on!

The difference between the flexible budget and the static budget is known as the sales volume variance. direct materials price variance. static budget variance. flexible budget variance. Direct materials price variances are usually the responsibility of the purchasing manager. production manager. sales manager. cost accounting manager. Which of the following is a factor that could influence worker productivity? The level of skill and training workers possess will affect their productivity. Workers' level of fatigue. The quality of direct material used. All of these answer choices are correct. Why do variances have little meaning until their causes are identified? Because identifying their causes will immediately decrease net income Because identifying their causes will immediately increase net income Because identifying their causes allows managers to take correct action Because they cannot be calculated correctly until the causes are known The direct labor efficiency variance is caused by setting a higher or lower wage standard than is practical. using more or less direct labor hours than the standard allows. lack of efficiency in preparing the budget. paying more or less than the standard allows for total labor costs. The difference between static budget revenue and flexible budget revenue is referred to as the sales volume variance. static budget variance. flexible budget variance. sales price variance. The sales volume variance is influenced most heavily by actions of the executives of the company. sales and marketing personnel. budget committee. operations personnel. The sales volume variance reflects how effectively the company reached its strategic goals. the amount of each resource actually used in operations. how efficiently the company operated in producing a given level of sales. a different volume of activity than that specified in the static budget. The flexible budget variance reflects how effectively the company reached its strategic goals. the amount of each resource originally planned for usage in operations. a different volume of activity than used in the static budget. how efficiently the company operated in producing a given sales volume. Flexible budgets are used as a tool for control, planning, and evaluation. evaluation, materiality, and flexibility. control, planning, and materiality. planning, flexibility, and evaluation