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actual results flexible budget activity level 2,000 units 2,000 units revenues $200,000 $210,000 expenses $190,000 $175,000 Based on the comparison above which statement is correct?
actual results | flexible budget | |
activity level | 2,000 units | 2,000 units |
revenues | $200,000 | $210,000 |
expenses | $190,000 | $175,000 |
Based on the comparison above which statement is correct?
a favorable revenue variance and unfavorable spending variance exists | ||
an unfavorable revenue variance and unfavorable spending variance exists | ||
a favorable revenue variance and favorable spending variance exists | ||
an unfavorable revenue variance and favorable spending variance exists
Which is correct? |
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