L17 B. H. 1. K 1. 2. Flexible Budget Performance Report For the Year Ended December 31, 2020 3. Actual Results Revenue Fav. (F) or Flexible Budget Unfav. (U) Sales Fav. (F) Master Budget and Volume Variances or Unfav. Spending Variances (U) 5. 6 Sales 5.512,500 $ 73,500 $ 220.500 5.586.000 $ 144.400 $ 104.500 $5,441.600 3.938.000 7 DM S. 4,263.000 4.042.500 8. 9 Variable SG&A 10 Contribution Margin 11 Fixed Manufacturing 55.125 1,194.375 172.550 55,125 U S 1.488.375 1,425 53.700 F $ 1.449.900 $ 294.000 S 38.475 $16.950 12 Fixed SG&A 13 Net Income 189.500 $1.026.000 272.875 189.500 1.026.000 234.400 1.027.000 1,000 S 278.050 S. (5,175) $ 38.475 14 15 16 17 18, 19 20 21 22 23 24 Part II- Case Question Beginning Balance Sheet Actuals vs. Budget Data Flexible Budget eady %24

Which of the following budgetary variances is a health services manager most likely to be held accountable for? O Labor expense variance Supply expense variance Volume variance More than one of the above is correct

When management uses variance reports to evaluate cost control, they look into which of the following? O both variable and unfavorable variances that exceed a predetermined quantitative measure such as a percentage or dollar amount. no variances O unfavorable variances only O favorable variances only

Justify the favorable or unfavorable budget variances

Which of the following describe the control aspect of the budgeting process? Please select all that apply.         Rewarding the achievement of challenging targets.         Checking progress towards achieving targets and objectives.         Regular comparison of budgeted and actual outcomes.         Investigating the causes of variations between budgeted and actual outcomes

Which ONE of the following is true?   a. Assume all costs are fixed when creating a flexible budget b. None of the other available answers are true c. There can only be one cost driver d. Unfavorable activity variances for costs will typically accompany a favorable activity variance for revenue. e. Variances are classified according to the impact on revenue f. Assume all costs are variable when creating a flexible budget

Which of the following budgets allows for adjustments in activity levels? a. zero-based budget b. continuous budget c. static budget Od. flexible budget

owe subject-Accounting

Give me a conclusion pargraph as to why budgeting impact managers' behavior

The following unemployment tax rate schedule is in effect for the calendar year 2019 in State A, which uses thereserve-ratio formula in determining employer contributions:Reserve Ratio Contribution Rate0.0% or more, but less than 1.0% ............................ 6.7%1.0% or more, but less than 1.2% ............................ 6.4%1.2% or more, but less than 1.4% ............................ 6.1%1.4% or more, but less than 1.6% ............................ 5.8%1.6% or more, but less than 1.8% ............................ 5.5%1.8% or more, but less than 2.0% ............................ 5.2%2.0% or more, but less than 2.2% ........................... 4.9%2.2% or more, but less than 2.4% ........................... 4.6%2.4% or more, but less than 2.6% ........................... 4.3%2.6% or more, but less than 2.8% ........................... 4.0%2.8% or more, but less than 3.0% ............................ 3.7%3.0% or more, but less than 3.2% ............................ 3.4%3.2% or…