ExpertNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has...
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ExpertNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $115 for each connector and fixed costs of $4,500 per month. ExpertNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $25,000. ExpertNet's flexible budget variance for total costs is KIDD OA. $2,300 F. B. $11,300 F. C. $2,300 U. D. $11,300 U. ExpertNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $115 for each connector and fixed costs of $4,500 per month. ExpertNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $25,000. ExpertNet's flexible budget variance for total costs is KIDD OA. $2,300 F. B. $11,300 F. C. $2,300 U. D. $11,300 U.
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Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks
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