Based on the information given for a variance, indicate whether the variance is favorable or unfavorable. $$\begin{array} { | l | l | l | l | }
\hline \text { Item to classify } & \text { Flexible budget } & \text { Actual } & \begin{array} { l }
\text { Variance - Favorable or } \
\text { Unfavorable? }
\end{array} \
\hline \text { Cost of direct materials } & \$ 8,500 & \$ 8,350 & \
\hline
\end{array}$$

Question

Based on the information given for a variance, indicate whether the variance is favorable or unfavorable. $$\begin{array} { | l | l | l | l | } 
\hline \text { Item to classify } & \text { Flexible budget } & \text { Actual } & \begin{array} { l } 
\text { Variance - Favorable or } \
\text { Unfavorable? }
\end{array} \
\hline \text { Cost of direct materials } & \$ 8,500 & \$ 8,350 & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer is Favorable

Based on the Information Given for a Variance, Indicate Whether