Use the following information for the next 5 questions.
At the end of 20x1, SWP Corporation prepared its master budget for 20x2. Selected amounts from that budget, along with actual results for 20x2, are presented below:
-SWP's total budget variance for the data provided is
A) $29,400 favorable
B) $29,400 unfavorable
C) $40,600 favorable
D) $40,600 unfavorable

Question

Use the following information for the next 5 questions.
At the end of 20x1, SWP Corporation prepared its master budget for 20x2. Selected amounts from that budget, along with actual results for 20x2, are presented below: 
-SWP's total budget variance for the data provided is
A) $29,400 favorable 
B) $29,400 unfavorable 
C) $40,600 favorable 
D) $40,600 unfavorable

Quizplus · Accepted Answer

SWP's total budget variance is $29,400 favorable. This is because the actual costs were $29,400 less than the budgeted costs.

Use the Following Information for the Next 5 Questions