Multiple Choice
Figure 11-5. Merric Company uses an activity-based costing system.Four activities have been identified.The setup activity uses the number of setups as its cost driver.The following budget information is available for this activity:
The company expects to perform 25 setups in May.
Refer to Figure 11-5.Actual costs incurred were $246,000 fixed and $144,000 variable.If the actual number of setups in May was 30,what is the activity-based flexible budget variance?
A) $15,000 U
B) $15,000 F
C) $12,000 F
D) $12,000 U
Correct Answer:
Verified
Correct Answer:
Verified
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