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Determine the flexible budget variance

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Question - Dalton Educational Services had budgeted its training service charge at $65 per hour. The company planned to provide 39,000 hours of training services during the year. By lowering the service charge to $57 per hour, the company was able to increase the actual number of hours to 40,900.

Required -

Determine the sales volume variance, and indicate whether it is favorable (F) or unfavorable (U).

Determine the flexible budget variance, and indicate whether it is favorable (F) or unfavorable (U).

Did lowering the price of training services increase revenue?

Reference no: EM133085580

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