question archive Hoppy Corporation compares monthly operating results to a static budget prepared at the beginning of the month
Subject:AccountingPrice: Bought3
Hoppy Corporation compares monthly operating results to a static budget prepared at the beginning of the month. When the actual level of activity is less than budgeted, which of the following would be true?
A. |
Variable costs would show favorable variances. |
B. |
Variable costs would show unfavorable variances. |
C. |
Fixed costs would show favorable variances. |
D. |
Fixed costs would show unfavorable variances. |