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    Vanessa vnss
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    Vanessa is a student with ID 008202200037. The document defines static budget variance, flexible budget variance, quantity variance, and income variance formulas and indicates that an unfavorable variance decreases operating income while a favorable variance increases operating income.

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    Vanessa is a student with ID 008202200037. The document defines static budget variance, flexible budget variance, quantity variance, and income variance formulas and indicates that an unfavorable variance decreases operating income while a favorable variance increases operating income.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views1 page

    Untitled

    Uploaded by

    Vanessa vnss
    Vanessa is a student with ID 008202200037. The document defines static budget variance, flexible budget variance, quantity variance, and income variance formulas and indicates that an unfavorable variance decreases operating income while a favorable variance increases operating income.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Name: Vanessa

    Student ID: 008202200037

    |SBV = SB – ARsb| <- static budget

    Stat budget – actual revenue

    |FBV = FB – Arfb|

    Flexible budget

    |DMV = Qty exp – Qty acr|

    |DMYV = Qty exp – Qty act |

    U = unfavorable decrease operating income

    F – favorable increase operating income

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