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Midend's Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance
Midend's Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.
Flexible | Variances |
Budget | Price | Efficiency |
Material A | $27,000 | $2,000U | $1,200F |
Material B | 32,000 | 400F | 700U |
Material C | 46,000 | 1,800U | 2,300F |
The actual amount spent for Material A was ________.
A. $30,200
B. $23,800
C. $27,800
D. $26,200
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