Bear Creek Golf Center reported actual operating income for the current year as $65,000.The flexible budget operating income for actual volume is $59,000,while the static budget operating income is $60,000.What is the flexible budget variance for operating income?

Question

Quizplus · Accepted Answer

The flexible budget variance is calculated as the difference between the actual operating income and the flexible budget operating income. Here, $65,000 (actual) - $59,000 (flexible budget) = $6,000 favorable.

Bear Creek Golf Center Reported Actual Operating Income for the Current