Question 6 of 45 13 E . .. View Policies Current Attempt in Progress A manager estimates that revenues for the coming period will be $85,000 but includes only $80,000 in her budget. This is an example of O budgetary padding. O unfavorable planning. revenue slack. pro-forma variance. Save for Later Attempts: 0 of 1 used Submit AnswerQuestion 7 of 45 - 13 5 ... View Policies Current Attempt in Progress Preparing a budget allows managers to plan for the future. O reduce the need for unprepared responses to unexpected situations. O assess whether a division's strategic direction is in line with corporate strategy Of all of these answer choices are correct. ave for L Attempts: 0 of 1 used Submit AnswerQuestion 8 of 45 13 E View Policies Next question Current Attempt in Progress The direct materials quantity variance is calculated using which of the three amounts? Actual quantity used, standard quantity allowed for actual production, actual price paid O Actual quantity used, standard quantity allowed for actual production, standard price allowed Actual quantity used, actual price paid, standard price paid O Standard quantity used, actual price paid, standard price paid Save for Later Attempts: 0 of 1 used Submit AnswerQuestion 9 of 45 -13 5 . .. Next question View Policies Current Attempt in Progress Oriole Creations purchased 7700 feet of copper tubing at a price of $2.70 per foot and used 7960 feet during the period. The standard price of the copper tubing was $2.50 per foot. What is Oriole Creations direct materials price variance for the period? $702 unfavorable $702 favorable O $1540 favorable $1540 unfavorable Attempts: 0 of 1 used Submit AnswerQuestion 10 of 45 13 3 View Policies Current Attempt in Progress The direct materials price variance is calculated using which of the three amounts? Standard quantity purchased, actual price paid, standard price paid Actual quantity purchased, standard quantity purchased, standard price paid Actual quantity purchased, actual price paid, standard price paid Actual quantity purchased, standard quantity purchased, actual price paid Save for Later Attempts: 0 of 1 used Submit Answer 9