BlueLake Company builds custom boats. Blue Lake budgets that they will build 10 boats during the month of May at a price of $15,000 per boat. Actual boats built by BlueLake during May were 8 boats at a price of $16,200 per boat. What is the Flexible Budget Variance for May?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
Section: Chapter Questions
Problem 5EB: Cloud Shoes manufactures recovery sandals and is planning on producing 12.000 units in March and...
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BlueLake Company builds custom boats. Blue Lake budgets
that they will build 10 boats during the month of May at a
price of $15,000 per boat. Actual boats built by BlueLake
during May were 8 boats at a price of $16,200 per boat.
What is the Flexible Budget Variance for May?
Transcribed Image Text:BlueLake Company builds custom boats. Blue Lake budgets that they will build 10 boats during the month of May at a price of $15,000 per boat. Actual boats built by BlueLake during May were 8 boats at a price of $16,200 per boat. What is the Flexible Budget Variance for May?
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