A budget prepared at a single volume of activity is referred to as a: Multiple Choice O O Strategic budget. Standard budget. Flexible budget. Static budget.

A budget prepared at a single volume of activity is referred to as a: Multiple Choice Strategic budget. Standard budget. Flexible budget. Static budget. The Russell Company provides the following standard cost data per unit of product: During the period, the company produced and sold 22,000 units, incurring the following costs The direct material price variance was: Multiple Choice $6,800 unfavorable. $6,600 favorable