Question
Asked Nov 26, 2019
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Clementine Company makes skateboards. They prepare master and flexible budgets and then
perform variance analysis after the budget plan period elapses. Their data is as follows:
Budget
Actual
$105
Selling price per unit
$100
Variable cost per unit
$55
$47
Quantity sold
934
990
What is the Clementine's flexible budget variance for VARIABLE COSTS? If the variance is
unfavorable put a minus sign in front of your answer.
Enter your answer without commas or decimals.
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Clementine Company makes skateboards. They prepare master and flexible budgets and then perform variance analysis after the budget plan period elapses. Their data is as follows: Budget Actual $105 Selling price per unit $100 Variable cost per unit $55 $47 Quantity sold 934 990 What is the Clementine's flexible budget variance for VARIABLE COSTS? If the variance is unfavorable put a minus sign in front of your answer. Enter your answer without commas or decimals.

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Expert Answer

Step 1

In flexible budgeting, variance is computed by taking the budgeted units equal to the actual units. Thus, t...

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