Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following is monthly budgeted cost and activity information for two activities in the purchasing department of X Company: Activity Supplier relations Invoicing Variable Fixed

image text in transcribed
The following is monthly budgeted cost and activity information for two activities in the purchasing department of X Company: Activity Supplier relations Invoicing Variable Fixed Cost Costs Costs Driver 270 $6,480 $16,800 suppliers $13,350 $23,100 890 Invoices In November, actual costs and activity were as follows: sc ab Total Driver Activity Costs Amount Supplier relations $22,399 268 suppliers Involcing $35,254 873 invoices What was the flexible budget variance for the involcing activity for November (assume that favorable variances are positive numbers and unfavorable variances are negative numbers)? A: 5-22,159 B: $ 21,904 C: $-12,154 E: $941 F: $1,196 D: $0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial And Accounting Principles In Islamic Finance

Authors: Samir Alamad

1st Edition

3030162982, 9783030162986

More Books

Students also viewed these Accounting questions

Question

If the job involves a client load or caseload, what is it?

Answered: 1 week ago

Question

What is the purpose of a customized benefits plan?

Answered: 1 week ago

Question

What are topics included within employee services?

Answered: 1 week ago