Clementine Company makes skateboards. They prepare master and flexiblebudgets and then perform variance analysis after the budget plan periodelapses. Their data is as follows:BudgetActualSelling price per$99$96unitVariable cost per$57$41unitQuantity sold1,0301,007What is the Clementine's flexible budget variance for VARIABLE COSTS? Ifthe variance is unfavorable put a minus sign in front of your answer.Enter your answer without commas or decimals.

Name: Clementine Company makes skateboards. They prepare master and flexibl
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Description: Clementine Company makes skateboards. They prepare master and flexiblebudgets and then perform variance analysis after the budget plan periodelapses. Their data is as follows:BudgetActualSelling price per$99$96unitVariable cost per$57$41unitQuantity

Flexible budget variance is the difference between flexible budgeted and actuals for the given…

Business

Accounting

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 Selling price per unit $99 $96 Variable cost per unit $57 $41 Quantity sold 1,030 1,007 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.

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 Selling price per unit $99 $96 Variable cost per unit $57 $41 Quantity sold 1,030 1,007 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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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: Selling price per unit Budget $98 Variable cost per unit Quantity sold 1,044 $50 Actual $97 $46 1,036 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.