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Figure 11-1

Question 43

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Figure 11-1. Jason,Inc.produces leather purses.Jason has developed a static budget for the first quarter,based on 20,000 direct labor hours.During the quarter,the actual activity was 22,000 direct labor hours.Data for the first quarter are summarized as follows:
Figure 11-1. Jason,Inc.produces leather purses.Jason has developed a static budget for the first quarter,based on 20,000 direct labor hours.During the quarter,the actual activity was 22,000 direct labor hours.Data for the first quarter are summarized as follows: Refer to Figure 11-1.What is the flexible budget variance for the first quarter? A) $1,000 U B) $23,000 U C) $23,000 F D) $1,000 F E) none of these Refer to Figure 11-1.What is the flexible budget variance for the first quarter?


A) $1,000 U
B) $23,000 U
C) $23,000 F
D) $1,000 F
E) none of these

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