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Laughton Incorporated Planned to Use $30 of Material Per Unit

Question 41

Essay

Laughton Incorporated planned to use $30 of material per unit but actually used $31 of material per unit,and planned to make 1,500 units but actually made 1,900 units.
Required:
Compute the flexible budget;the flexible-budget variance,and the sales-volume variance.

Correct Answer:

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The flexible budget is $57,000;the flexi...

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