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The following information is available regarding X Company' utility costs in 2020: Estimated production 3,100 units Budgeted fixed costs $15,000 Budgeted total variable costs $21,421
The following information is available regarding X Company' utility costs in 2020:
Estimated production | 3,100 units |
Budgeted fixed costs | $15,000 |
Budgeted total variable costs | $21,421 |
Actual production | 2,900 units |
Actual total costs | $33,796 |
6. What was the static budget for total utility costs in 2020?
Tries 0/3 |
7. What was the flexible budget variance for total utility costs in 2020? [Assume that a positive number means a favorable variance and a negative number means an unfavorable variance.]
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