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- Subject
- Flexible Budget and Management Controlaccounting-mcqs › cost-accounting-mcqs › flexible-budget-and-management-control
- Published
- 9 May 2023
- Last updated
- 28 May 2026
Given that the sales budget variance for operating income is $58,000 and the static budget figure is $15,000, what is the value of the flexible budget?
Multiple choice question for Flexible Budget and Management Control. Select an option, then review the explanation below.
Explanation
The flexible budget amount is calculated by adding the sales budget variance ($58,000) to the static budget ($15,000), resulting in $73,000.
More Flexible Budget and Management Control MCQs
Practice related questions from the same subject.
- 1.Given a flexible budget value of $82,000 and an actual outcome of $45,000, what is the variance between the flexible budget and the actual result?
- 2.Given a flexible budget of $27,000 and a flexible budget variance of $12,000, what is the actual amount recorded?
- 3.Given a sales budget variance of $47,000 and a flexible budget figure of $77,000, what is the value of the static budget?
- 4.Given a sales budget variance of $57,000 and a flexible budget total of $97,000, what is the value of the static budget?
- 5.If the flexible budget is $57,000 and the flexible budget variance is $14,000, what is the actual amount achieved?