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Calculate the flexible budget variance

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Problem - Santa - Variance analysis - Santa Ltd manufactures marzipan pies. Last month, it budgeted to purchase and use 15,000 kg of marzipan at £2.10 per kg; budgeted output was & 5 ,000 pics. Actual purchase and use during last month was 16,000 kg at £2 per kg; actual output was 74,000 pies. Calculate the flexible budget variance.

Reference no: EM132916711

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