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Determine the flexible budget variance for total costs

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Question - FastNet Systems is a? start-up company that makes connectors for? high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs of $5,500 per month. FastNet?'s static budget predicted production and sales of 100 connectors in? August, but the company actually produced and sold only 70 connectors at a total cost of $24,000.

Required - Determine the flexible budget variance for total costs?

Reference no: EM132972228

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