95.Sales volume variances are attributable to differences between planned and actual activity volumes, as well as differences in selling price. True False 96.The total sales variance includes...







95.Sales volume variances are attributable to differences between planned and actual activity volumes, as well as differences in selling price.



True False





96.The total sales variance includes both price and volume variances.



True False





97.Flexible budget amounts for variable costs and revenues come from multiplying standard per unit amounts by the planned volume of production.



True False





98.Under all circumstances, unfavorable variances are bad; favorable variances are good.



True False





99.Unfavorable flexible budget variances are those that are the result of lower than expected sales volume.



True False





100.In general, budget variances should not be used to single out managers for praise or punishment.



True False





101.Two budgeting games sometimes played by employees are building in budget slack and making the numbers.



True False





102.A favorable flexible budget materials variance may indicate that the price per unit of materials was lower than expected and that less material was used than expected or either of these.



True False





103.Lax standards make allowances for normal material waste and spoilage.



True False





104.The best standards to include in a standard cost system are ideal standards.



True False





May 15, 2022
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