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Unplanned increases in per-unit costs could be hidden on the static budget report by: Select one: A. Greater sales than planned B. Less sales than

Unplanned increases in per-unit costs could be hidden on the static budget report by:

Select one:

A. Greater sales than planned

B. Less sales than planned

C. Greater production than planned

D. Less production than planned

E. None of the above

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Increased productivity of workers might not be reflected on the static budget variance if there were also:

Select one:

A. Greater sales than planned

B. Less sales than planned

C. Greater production than planned

D. Less production than planned

E. None of the above

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Which of the following are benefits of flexible budget reporting?

Select one:

A. Provide managers with reasonable cost targets at different levels of production

B. Compare cost performance with budgeted costs at actual levels of production

C. Help make mid-period projections about financial results

D. Allow for variance analysis

E. All of the above

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Which of the following is needed in order to prepare the flexible budget performance report?

Select one:

A. Standard variable overhead cost driver usages

B. Actual production levels

C. Actual overall variable costs

D. Budgeted per-unit direct materials costs

E. All of the above

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Which of the following are not reasons to involve lower management in making business decisions?

Select one:

A. Allows upper management to concentrate more on overall strategy and business development without being involved in the minutia of the day-to-day operations

B. Provides on-the-job training to less-experienced managers, allowing them to make mistakes and grow

C. Encourages job satisfaction among lower-level employees

D. Allows managers to set expectations for their departments, without having to consider the goals and capacity of other departments

E. All of the above are reasons to involve lower management

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