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Lydia Company planned to produce 12,000 units. Processing required 16,000 machine hours at a cost of $43,000 + $12 per machine hour. Actual sales were
Lydia Company planned to produce 12,000 units. Processing required 16,000 machine hours at a cost of $43,000 + $12 per machine hour. Actual sales were 15,000 units requiring 20,000 machine hours. Actual processing cost was $253,000.
_____ is the flexible-budget variance for processing.
Group of answer choices
$18,000 favorable
$30,000 unfavorable
$18,000 unfavorable
$30,000 favorable
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