What is the total variance

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Question -

-The Original Budget is 100 x 40 x $25 = $100,000. The Actual Budget is 110 x 38 x $26 = $108,680. What is the Total Variance? Do not include dollar sign or comma in your answer.

-Is this a favorable or an unfavorable variance?

-Derive the Flex Budget and use it to calculate the Volume Variance. What is the Volume Variance? Do not include dollar sign or comma in your answer.

-Derive the VQA Budget and use it to calculate the Quantity Variance. What is the Quantity Variance? Do not include dollar sign or comma in your answer.

-Use the VQA Budget and the Actual Budget to calculate the Price Variance. What is the Price Variance? Do not include dollar sign or comma in your answer.

Reference no: EM133026735

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