Sydney, Inc. uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is $128,000 variable and $360,000 fixed. If Sydney had actual overhead costs of $500,000 for 18,000 units produced, what is the difference between actual and budgeted costs?
a) $4,000 favorable
b) $12,000 unfavorable
c) $4,000 unfavorable
d) $16,000 favorable
Answer: a) $4,000 favorable
Business
You might also like to view...
Find a confidence interval for ? assuming that the sample is from a normal population with unknown population standard deviation.
x = 35, s = 10, n = 16, 95 percent confidence a) (28.822 , 40.623) b) (29.671 , 40.329) c) (29.724 , 41.825) d) (24.626 , 40.270)
Business
Compounding is the process of obtaining present values; discounting is the process of obtaining future values
Indicate whether the statement is true or false.
Business