Cubana Candles produces and sells custom candles. Last month it had the following product
Sales volume and pricing data:
What is the master budget variance for Cubana Candles?
A) $30 favorable
B) $30 unfavorable
C) $65 favorable
D) $65 unfavorable

Question

Cubana Candles produces and sells custom candles. Last month it had the following product
Sales volume and pricing data:
 What is the master budget variance for Cubana Candles?
A) $30 favorable 
B) $30 unfavorable 
C) $65 favorable 
D) $65 unfavorable

Quizplus · Accepted Answer

Master budget variance = (Budgeted volume x Budgeted price) - (Actual volume x Actual price) = (15 x $9) - (20 x $10) = $65 favorable.

Cubana Candles Produces and Sells Custom Candles