Flexible-budget variance = $260,000 (F); sales-volume variance = $350,000 (U); sales-mix variance = $320,000 (F); calculate the static-budget variance.
A) $90,000 (U)
B) $320,000 (U)
C) $320,000 (F)
D) $290,000 (F)

Name: Flexible-budget variance = $260,000 (F); sales-volume variance = $350,000 (U); sales-mix variance = $320,000 (F); calculate the static-budget variance. A) $90,000 (U) B) $320,000 (U) C) $320,000 (F) D) $290,000 (F)
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Question

Quizplus · Accepted Answer

Static-budget variance = $260,000 (F) + $350,000 (U) = $90,000 (U)

Flexible-Budget Variance = $260,000 (F); Sales-Volume Variance = $350,000 (U);