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Management · Q338

Management Accounting

Graduate and Post Graduate · Management · question 338

Q338

If an actual result in static budget is 2500 and corresponding budgeted amount is 2200, then static budget variance will be

A.
$3,000
B.
$300
Answer
C.
$4,700
D.
$4,500

Answer: Option B

Solution

Answer: Option B
Solution:
Static budget variance = Static budget - Corresponding budgeted amount
= 2200 = $300.
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