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Current Period Quiz

BDH Corporation, which makes only one product, Kisty, has the following information available for the coming year. BDH expects sales to be 30,000 units at $50 per unit. The current inventory of Kisty is 3,000 units. BDH wants an ending inventory of 3,500 units. Each unit of Kisty takes two units of component L. Component L is budgeted to cost $12 per unit. Current inventory of L is 4,000 units. BDH wants 6,000 units of L on hand at the end of the next year. How much will the direct materials bud

Which one of the following factors would cause budgeted revenue to be less than the expected demand?

If a firm is using activity-based budgeting, the firm would use this in place of which of the following budgets?

A responsibility center where the manager is accountable for only the revenues and costs is a(n)

A cost that is primarily subject to the influence of a given responsibility center manager for a given period is a(n)

LRH Inc. has budgeted for sales of 10,000 units of BD at a price of $15 per unit. The actual sales for the period were 9,000 units of BD at $16 per unit. What was the flexible-budget sales amount for LRH?

LRH Inc. has budgeted for sales of 10,000 units of BD at a price of $15 per unit. The actual sales for the period were 9,000 units of BD at $16 per unit. What was the sales-volume variance for the current period?

BDH Inc. has budgeted for sales of 10,000 units of LR at a price of $15 per unit. The actual sales for the period were 9,000 units of LR at $16 per unit. What was the sales-price variance for the current period?

A gallon of paint or a yard of fabric required for making a unit would be a(n)

JSH Inc. makes a unit called CC. CC has a standard of 2 yards of fabric for each CC. The standard price per yard of fabric is $3. During the period, JSH made 6,000 CCs. JSH purchased and used 11,600 yards of fabric and incurred an actual cost of $34,500 for the fabric. What was the direct material price variance for the current period?

Tagged as: current period, current period, unit
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