Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A flexible production budget showed $60,000 in fixed costs and $100,000 in variable costs at 100% of capacity. Actual production was 90% of capacity and
A flexible production budget showed $60,000 in fixed costs and $100,000 in variable costs at 100% of capacity. Actual production was 90% of capacity and actual costs were $156,000. What was the variance?
A. | $10,000 unfavorable | |
B. | $4,000 favorable | |
C. | $12,000 unfavorable | |
D. | $6,000 unfavorable |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started