If an actual result is $5500 and corresponding amount of flexible budget on basis of actual level of output is $3500, then flexible budget variance will be
A. $2,500
B. $5,500
C. $3,500
D. $2,000
Answer: Option D
Solution (By Examveda Team)
Flexible budget variance = Actual result - Flexible budget= $5500 - $3500 = $2,000.
This Question Belongs to Management >> Management Accounting
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