Actual results for operating income of $24,000 compared to budgeted operating income of $26,000 results in _____. (Points : 5)

favorable flexible budget variance

favorable static budget variance

unfavorable static budget variance

no variance

The difference between actual variable overhead cost per unit of the cost allocation base, and the budged variable overhead cost per unit of the cost allocation base, is the _____. (Points : 5)

variable overhead efficiency variance variable overhead static budget variance variable overhead flexible budget variance variable overhead spending variance

The cost estimation method that estimates cost functions by classifying cost accounts as variable, fixed, or mixed is the _____. (Points : 5)

account analysis method quantitative analysis method industrial engineering method conference method

The work-measurement method is also called the _____. (Points : 5)

account analysis method quantitative analysis method industrial engineering method conference method