One cause of a flexible?budget variance might be a difference between expected and actual hourly wages for factory workers.

Question

Quizplus · Accepted Answer

A difference in hourly wages can impact the labor costs, which are a significant component of the budget. A higher than expected hourly wage would result in a negative variance while a lower than expected hourly wage would result in a positive variance.

One Cause of a Flexible?budget Variance Might Be a Difference