Handley Manufacturing Company has prepared the following flexible budget for August and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.

The actual amount spent for Material B was ________.
A) $58,200
B) $59,800
C) $61,000
D) $62,200

Question

Handley Manufacturing Company has prepared the following flexible budget for August and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.

The actual amount spent for Material B was ________.

The actual amount spent for Material B was ________.
A) $58,200 
B) $59,800 
C) $61,000 
D) $62,200

Quizplus · Accepted Answer

$61,000 + $800 U - $2,000 F = $59,800

Handley Manufacturing Company Has Prepared the Following Flexible Budget for August