Reference no: EM132736735
The following information is available regarding X Company' utility cost in 2019:
Estimated production: 3,000 units
Budgeted fixed costs: $16,000
Budgeted total variable costs: $19,740
Actual production: 2,900 units
Actual total costs: $23,342
Problem 1: What was the flexible budget variance for total utility costs in 2019? [Assume that a positive number means a favorable variance and a negative number means an unfavorable variance.]
A: $6,372 B: $7,200 C: $8,136 D: $9,194 E: $10,389 F: $11,740
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