Question: GPB Mfg started the year with no opening DM, WIP, or Finished Goods. Below are the details for Sales: Budgeted Units to Produce and Sell
GPB Mfg started the year with no opening DM, WIP, or Finished Goods. Below are the details for Sales: Budgeted Units to Produce and Sell = 7,200 Actual Units Produced and Sold = 7,450 Budgeted Revenue per Unit = $5 Actual Revenue per Unit = $7 All units started in the year were completed. What is the Flexible Budget Variance? Question 3 options: $1,250 F $14,900 F $14,900 U $13,150 F $13,150 U
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