Which of the following is a budget designed to furnish budgeted costs for any level of activity attained

Related MCQs

• A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as -
• Match the columns (i) Activity Ratio -------------------- i) (Actual hours worked / Budgeted hours) * 100 (ii) Capacity Ratio ------------------ ii) (Standard hours of actual production / Actual hours worked) * 100 (iii) Efficiency Ratio ----------------- iii) (Standard hours for actual output / Budgeted hours) * 100
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• _________ is stated as a budget which is made to change as per the levels of activity attained.
• The budget which commonly takes the form of budgeted Profit and Loss Account and Balance Sheet is
• An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as
• Fixed budget is useless for comparison when the level of activity -
• If the activity level increases 10%, total variable costs will
• A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget?