Glenn, SA., has done a cost analysis for its production of T-shirts. The following activities and cost drivers have been developed: Following are the actual costs of producing 75,000 T-shirts: 5,000 machine hours; 10 batches; 20 purchase orders
What is the budget variance for total costs in an activity-based performance report?

A) £1,000 F
B) £2,000 F
C) £3,000 F
D) none of the above

Question

Glenn, SA., has done a cost analysis for its production of T-shirts. The following activities and cost drivers have been developed: Following are the actual costs of producing 75,000 T-shirts: 5,000 machine hours; 10 batches; 20 purchase orders
 What is the budget variance for total costs in an activity-based performance report?

A) £1,000 F 
B) £2,000 F 
C) £3,000 F 
D) none of the above

Quizplus · Accepted Answer

To calculate the budget variance for total costs, we need to compare the actual costs with the budgeted costs. However, the question doesn't provide us with the budgeted costs, so we cannot calculate the budget variance. Therefore, the answer is none of the above.

Glenn, SA, Has Done a Cost Analysis for Its Production of of T-Shirts