Question
Using the information in the following table, determine how much of the supply cost variance is due to a change in volume. Budgeted Actual Variance
Using the information in the following table, determine how much of the supply cost variance is due to a change in volume.
Budgeted | Actual | Variance | |
Volume | 1,000 | 1,100 | 100 |
Supplies | $10,000 | $12,750 | $2,750 |
Group of answer choices
a. Decrease of $900
b. Increase of $1,000
c. Decrease of $1,000
d. Increase of $2,750
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Managerial Accounting An Integrative Approach
Authors: C J Mcnair Connoly, Kenneth Merchant
2nd Edition
099950049X, 978-0999500491
