Concord Corporation uses flexible budgets. At normal capacity of 17000 units, budgeted manufacturing overhead is $136000 variable and $360000 fixed. If Concord had actual overhead costs of $511000 for 21000 units produced, what is the difference between actual and budgeted costs?

$32000 favorable$17000 unfavorable$17000 favorable$15000 favorable

Answer rating: 100% (QA)

Solution A flexible budget is a budget that adjusts for a change in volume of operations At nor... View the full answer