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Iron Butterfly, Inc., manufactures a single model of a deluxe portable camping stove. Information for August production is as follows: Budgeted Actual Variable Costs, per

Iron Butterfly, Inc., manufactures a single model of a deluxe portable camping stove. Information for August production is as follows: Budgeted Actual Variable Costs, per unit P50 P52 Fixed Costs for August P2,500,000 P2,150,000 Production for August 40,000 units 38,000 units

Required: Budgeted Sales Price Per Unit P65. What is the flexible budget variance for August?

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