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Find what flexible budget variance for direct materials

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Problem 1: Craftworks Company builds high-quality wooden bookshelves. Each bookshelf is budgeted to require 45 feet of lumber, and the expected cost of lumber is $3.50 per foot. Craftworks budgeted 400 bookshelves to be made in December, but 500 bookshelves were actually made using 23,500 feet of lumber purchased at a cost of $3.00 per foot. What is the flexible budget variance for direct materials for December?

 

Reference no: EM132714642

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Find what flexible budget variance for direct materials : Each bookshelf is budgeted to require 45 feet of lumber, What is the flexible budget variance for direct materials for December?
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