A flexible budget is a budget that is adjusted to reflect changes in the level of activity. In this case, the flexible budget amount is $82,000, which is the amount that was budgeted for the actual level of activity. The actual result is $45,000, which is less than the flexible budget amount. This means that the company performed better than expected.

If flexible budget amount is $82000 and actual result is $45000 then flexible budget amount will be

$97,000

$87,000

$27,000

$37,000

Answer is Right!

Answer is Wrong!

The correct answer is $\boxed{\text{B. }87,000}$.

A flexible budget is a budget that is adjusted to reflect changes in the

448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

Option A is incorrect because $97,000 is more than the flexible budget amount. Option C is incorrect because $27,000 is less than the actual result. Option D is incorrect because $37,000 is the difference between the flexible budget amount and the actual result.

More similar MCQ questions for Exam preparation:-