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Management · Q144

Management Accounting

Graduate and Post Graduate · Management · question 144

Q144

If actual cost is 356000 and flexible budget cost is 255000, then flexible budget variance will be

A.
$104,000
B.
$103,000
C.
$101,000
Answer
D.
$102,000

Answer: Option C

Solution

Answer: Option C
Solution:
Flexible budget variance = Actual cost - Flexible budget cost
= 255000 = $101,000.
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