Fern's Florist has a Flexible Budget Variance of $15, favorable and a Sales Activity Variance of
$25, unfavorable. What is Fern's Florist's Master Budget Variance?
A) $10 favorable
B) $10 unfavorable
C) $40 unfavorable
D) Cannot be determined; not enough information given.

Question

Quizplus · Accepted Answer

Master Budget Variance = Flexible Budget Variance, $15, favorable - Sales Activity Variance, $25, unfavorable = $10 unfavorable.

Fern's Florist Has a Flexible Budget Variance of $15, Favorable