0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Why are some budgeted costs based on actual costs from the previous years?
Some budgeted costs are based on actual costs of the previous year, information from supervisors about where resources might be more efficiently used, and subjective judgments about how much should be allowed for resources.
What does a budgeted income statement consist of?
budgeted depreciation
How do you get budgeted sales?
Budgeted sales are estimated sales dependant on marketing research studies or past customer demands.
How would you describe a budgeted cost?
Budgeted costs are generally described as the best estimate about what should be allowed for forthcoming activity.
Fixed-overhead budget variance?
Fixed overhead budgeted variance is the difference between estimated budgeted cost and actual fixed overhead cost of production.
The actual expenses for the most recent fiscal quarter were 120 percent of budgeted expenses If the budgeted expenses were 7585 dollars then what were the actual expenses?
20.0 or .20
What is budgeted activity level?
four thousand rupees
What is favourable?
A favorable variance is the difference between the budgeted or standard cost and the actual cost. If the actual cost is less than budgeted or standard cost, it is a favorable variance.
What is favourable variance?
A favorable variance is the difference between the budgeted or standard cost and the actual cost. If the actual cost is less than budgeted or standard cost, it is a favorable variance.
What is the past tense of budget?
The past tense of budget is budgeted.
How do you prepare a Budgeted Balance Sheet?
how to prepare a budget for a fundraiser
What is difference between the amount budgeted and the actual amount is called?
Difference between actual amount and budgeted amount is called "Variance" and variance analysis is done to find out the reasons for variance
