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Capity Tea Products Has an Exclusive Contract with British Distributors

Question 77

Multiple Choice

Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:
Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March: Budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively. For the contribution margin, what is the total flexible-budget variance? A) $840 favorable B) $206 favorable C) $634 favorable D) $634 unfavorable
Budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively. For the contribution margin, what is the total flexible-budget variance?


A) $840 favorable
B) $206 favorable
C) $634 favorable
D) $634 unfavorable

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