Mad Dog Fence company has a Planning Budget of $300,000 revenue, which represents 300 fences in unit sales. The variable costs are $450 p/fence. Actuals revenue was $302,500 and actual number of fences sold were 275. What was Mad Dogs flexible budget for revenue? a. $300,000 b. $330,000 c. $275,000 d. $165,000

3) Mad Dog Fence company has a Static Budget of $300,000 revenue, which represents 300 fences in unit sales. The variable costs are $450 p/fence. Actuals revenue was $302,500 and actual number of fences sold were 275. What was Mad Dogs flexible budget for variable costs? a. $135,000 b. $123,750 c. $167,500 d. $151,250