Question
1. Elf Corporations budgetary control report for last month reads as follows: Static budget Flexed Budget Actual Results $ $ $ Direct costs 360,000 384,000
1. Elf Corporations budgetary control report for last month reads as follows:
| Static budget | Flexed Budget | Actual Results | |
| $ | $ | $ | |
| Direct costs | 360,000 | 384,000 | 390,000 |
| Production overhead | 423,000 | 451,200 | 445,000 |
| Other overhead | 96,000 | 102,400 | 101,000 |
| 879,000 | 937,600 | 936,000 |
What was the volume variance for last month?
- $1,600 Favourable
- $1,600 Unfavourable
- $58,600 Favourable
- $58,600 Unfavourable
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Accounting For The Environment
Authors: Rob Gray, Jan Bebbington
2nd Edition
0761971378, 978-0761971375
