Sunday, June 5, 2011

An unfavorable flexible-budget variance for variable costs may be the result of

ACCOUNTING

Multiple Choice

An unfavorable flexible-budget variance for variable costs may be the result of

a. using more input quantities than were budgeted

b. paying higher prices for inputs than were budgeted

c. selling output at a higher selling price than budgeted

d. both (a) and (b)

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