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12 March, 12:44

Select all that apply Managers use budget reports to answer all of the following questions: Are we using too much direct material? Why are variances unfavorable? Why is actual income higher than budgeted income? Why are employees calling in sick so often?

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  1. 12 March, 16:24
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    Why is actual income higher than budgeted income? Are we using too much direct material?

    Explanation:

    Remember, a budget report aides managers to perform an evaluation of the company's inventory cost levels.

    Thus, managers can answer this question after considering the cost of expenditures in the budget report:

    Are we using too much direct material? Why is actual income higher than budgeted income?
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