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Author Question: The actual information pertains to the third quarter. As part of the budgeting process, the ... (Read 73 times)

hubes95

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The actual information pertains to the third quarter. As part of the budgeting process, the controller for Foley Manufacturing had developed the following static budget for the third quarter. The company is in the process of preparing the flexible budget and understanding the results.



The primary reason for high actual operating profits was ________.
◦ the variable-cost variance
◦ increased fixed costs
◦ flexible budget variance for revenues
◦ lower sales volume than planned


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Marked as best answer by hubes95 on Mar 6, 2021

jaaaaaaa

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hubes95

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Reply 2 on: Mar 6, 2021
Gracias!


Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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