QUESTION 1 Budgets created at the end of the budgeting process and made for various levels of sales volume are called: Planning Budgets OA Flexible Budgets OB. Static Budgets OC OD. Cash Budgets Question Completion Status: QUESTION 2 Zeta Company manufactures plastic water bottles. The sales price is $18 per unit variable costs are $4 per unit and the fixed costs are budged to be $15,000. What is the budgeted operating income if the company were to produce 3,800 bottles? O A. $38.200 O B.$53.200 $68.400 D. $30,200 QUESTION 3 The following static budget for ABC Corporation was prepared before the month of November and the following costs were based on an expected sales volume of 10,000 units. Sales Revenue $60,000 Variable Costs 25,000 Fixed Costs 12,000 Nf actual volume of 9,200 units was produced, what would the flexible budget show as the budgeted operating income? $55.200 $23.000 $21.160 $20,200 QUESTION 4 SHSU Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 2.000 patients and the actual level of activity was 1,800 patient. The varaiable cost for patient expenses includes $5.00 per patient plus a fixed $20,000 per month. The actual administrative expense was $29,850. In the clinic's performance report for last month, the spending variance based on the actual level of activity for administrative expenses was: O A. $850 Unfavorable O B. $9.850 Unfavorable OC$150 Favorable 0 0.5850 Favorable 0 E. None of the above