The following direct materials variance computations are incomplete: Price variance = ($? $10) 9,600 kg
Question:
Price variance = ($? − $10) × 9,600 kg = $4,800 U
Efficiency variance = (? − 10,400 kg) × $10 =? F
Flexible budget variance = $?
Requirement
Fill in the missing values and identify the flexible budget variance as favourable or unfavourable.
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Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
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