A company budgeted ($170,000) for materials, but the actual costs amounted to ($164,000.) The company also budgeted

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A company budgeted \($170,000\) for materials, but the actual costs amounted to \($164,000.\) The company also budgeted \($130,000\) for labour, but the actual cost was \($133,000.\) The total expense variance is

a. \($3,000\) U

b. \($3,000\) F

c. \($6,000\) U

d. \($6,000\) F

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Accounting For Managers Interpreting Accounting Information For Decision Making

ISBN: 9781118037966

1st Canadian Edition

Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann

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