Examveda
Examveda

If actual cost is $356000 and flexible budget cost is $255000, then flexible budget variance will be

A. $104,000

B. $103,000

C. $101,000

D. $102,000

Answer: Option C

Solution(By Examveda Team)

Flexible budget variance = Actual cost - Flexible budget cost
= $356000 - $255000 = $101,000.

Join The Discussion

Related Questions on Management Accounting