An unfavorable flexibleminus−budget variance for variable costs may be the result of a. paying lower prices for inputs than were budgeted b. selling less quantity compared to the budgeted c. selling output at a higher selling price than budgeted d. using more input quantities than were budgeted

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.