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Are the following statements true or false?Statement one: A flexed budget cannot be produced for non-manufacturing costs such as sales commission.Statement two: All costs can be controlled in the long term.

A

Statement one Statement two

True True

B

Statement one Statement two

True False

C

Statement one Statement two

False True

D

Statement one Statement two

False False

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考点：Chapter20Standardcosting

Statement one Statement two

False True

多做几道

What was the actual usage of direct material during February?

A

800 kg

B

1,000 kg

C

1,200 kg

D

None of these

What was the selling price variance for February?

A

$120 (F)

B

$900 (A)

C

$1,200 (A)

D

$1,200 (F)

What was the sales volume profit variance for February?

A

$900 (F)

B

$1,200 (F)

C

$900 (A)

D

$2,100 (A)

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30

【简答题】

From the information provided calculate

(i) The actual price paid per kg for the direct material

(ii) The standard quantity that should have been used for actual production.

Which of the following is likely to lead to the variances stated above?

A

lower quality direct material has been purchased

B

higher quality direct material has been purchased

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