Dynamo Building Supply Company's management is calculating the variable overhead flexible-budget variance for 2012.The actual variable overhead costs incurred amounted to $245,000 while the flexible budgeted amount was $230,000.
Required
Compute the variable overhead flexible-budget variance for Dynamo Building Supply Company and identify whether the variance is favorable,F,or unfavorable,U.
A) $575,000;U
B) $15,000;F
C) $15,000;U
D) $575,000;F
E) $56,350;U
Correct Answer:
Verified
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