Acme Manufacturing uses flexible budgeting. Fixed Production Costs 30,000 Variable Production Costs 120,000 Expected Output in Units
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Question:
Acme Manufacturing uses flexible budgeting.
Fixed Production Costs 30,000
Variable Production Costs 120,000
Expected Output in Units 100,000
Actual Output in Units 94,002
Actual Production Costs 141,990
What is the Production Cost budget variance? (for this formula generated problementer a favorable variance as a positive number (e.g. 400) and a negative variance as a negative number (e.g. -400). Round to whole amounts, no decimals)
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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