Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 55,000 units at $22.00 per unit. actual variable c

55,000 units at $22.00 per unit. Actual variable costs, budgeted at $14.00 per unit, totaled...

80.2K

Verified Solution

Question

Accounting

55,000 units at $22.00 per unit. Actual variable costs, budgeted at $14.00 per unit, totaled $15.00 per unit. Budgeted fixed costs totaled $400,000 while actual fixed costs amounted to $420,000. What is the flexible budget variance for variable expenses?

A) $50,000 unfavorable B) $55,000 favorable C) $50,000 favorable D) $55,000 unfavorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Carlsville Company, which began operations in 2017, invests its idle cash in trading securities. The following...

Medical Sciences
1.2K views

Carbohydrates are linked to diseases of lifestyle.  Discuss this statement in which it becomes clear how the risk...

Psychology
1.2K views

Why did Paine title his pamphlet Common Sense? What didn't make \"common sense\" to Paine? Essentially,...

Biology
1.2K views

4 List tissue that result from each germ layer

Physics
1.2K views

Point charge q 2 C and q 1 C are kept at 40 points x...

Basic Math
1.2K views

f(-2) =f(-1) =Using the function f(x) given above, find thefollowing function values:f(0) =f(1) =f(2)=[3-x,f(3) =x...

Algebra
1.2K views

QuestA. How much money would you need to invest today at 4.5% annual interest compounded...

Accounting
1.2K views

On November 1, 2020, Novak Company adopted a stock-option plan that granted options to key...

Accounting
1.2K views

Which of the following is a disadvantage of the physical-measure method of allocating joint costs?...

Accounting
1.2K views

If a company was to switch to using more labor and less automation, what will...

Accounting
1.2K views

Moab Incorporated manufactures and distributes high-tech biking gadgets. It has decided to streamline some of...

Accounting
1.2K views

The Churchill Corporation uses a periodic inventory system and the LIFO inventory cost method for...