Midend's Camera Shop has prepared the following flexible budget for September 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) $38,600
B) $37,800
C) $40,200
D) $39,400

Question

Midend's Camera Shop has prepared the following flexible budget for September 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) $38,600 
B) $37,800 
C) $40,200 
D) $39,400

Quizplus · Accepted Answer

Actual amount spent for Material B = $39,000 - $400 F + $800 U = $39,400

Midend's Camera Shop Has Prepared the Following Flexible Budget for September