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17 CK Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance
17
CK Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.
Flexible ------------Variances-------------
Budget Price Efficiency
Material A $20,000 $1,000U $3,000U
Material B 40,000 500U 1,000F
Direct manufacturing labor 40,000 500U 2,500F
The actual amount spent for Material B was
Select one:
a. $39000
b. $39500
c. $31000
d. $40500
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