Production costs (including $30,000 of fixed costs) are budgeted at $150,000 for an expected output of 100,000

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Production costs (including $30,000 of fixed costs) are budgeted at $150,000 for an expected output of 100,000 units. Actual output was 90,000 units, while actual costs were $142,500. What is the budget vari- ance and is it favorable or unfavorable?

a. $5,500 unfavorable.

b. $6,500 favorable.

c. $6,500 unfavorable.

d. $4,500 unfavorable. ki5

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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Question Posted: Jul 01, 2024 02:22 AM

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Production costs (including $30,000 of fixed costs) are budgeted at $150,000 for an expected output of 100,000

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Accounting A Business Perspective

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