Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For 2019, X Company estimated production of 3,000 units of finished product and direct material cost of $19,980. Actual production in 2019 was 2,500 units

For 2019, X Company estimated production of 3,000 units of finished product and direct material cost of $19,980. Actual production in 2019 was 2,500 units of finished product, and actual direct material cost was $17,420.

image text in transcribed

For 2019, X Company estimated production of 3,000 units of finished product and direct material cost of $19,980. Actual production in 2019 was 2,500 units of finished product, and actual direct material cost was $17,420. What was the direct material flexible budget variance for 2019 (a positive number means a favorable variance; a negative number means an unfavorable variance)? OA: $-770 OB: $14,517 OC: $16,650 OD: $17,420 OE: $20,904| OF: $21,978 Submit Answer Tries 0/99

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fire Extinguisher Log Book

Authors: Arahan Khan

1st Edition

B09TZKR5Z4, 979-8428924282

More Books

Students also viewed these Accounting questions

Question

4. Why does happiness resist easy change?

Answered: 1 week ago