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Assume the following information for Jenkins Inc. Total flexible budget direct materials costs: $5,000 Standard quantity of direct materials per unit: 40 items Budgeted production:
Assume the following information for Jenkins Inc. Total flexible budget direct materials costs: $5,000 Standard quantity of direct materials per unit: 40 items Budgeted production: 300 units Total actual direct materials costs: $4, 500 Actual quantity of direct materials per unit: 42 items Actual production: 250 units What is Jenkins' total direct materials flexible budget variance? A. $600 Unfavorable Variance B. $500 Favorable Variance C. $500 Unfavorable Variance D. $600 Favorable Variance
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