The following information is for direct material cost for X Company for 2016: ...
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Accounting
The following information is for direct material cost for X Company for 2016:
| Budgeted pounds per unit of product | 3.3 | |
| Budgeted cost per pound | $13.80 | |
| Budgeted production | 5,760 units | |
| Actual pounds per unit of product | 2.8 | |
| Actual cost per pound | $14.20 | |
| Actual production | 6,600 units | |
2. What was the direct material flexible budget variance for 2016 (a positive number means a favorable variance; a negative number means an unfavorable variance)?
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