Manama Company planned to use $48 of Variable cost per unit but actually used $50 of variable cost per unit and planned to make 1,000 units but actually made 1,200 units. O A. $10,000 unfavorable The flexible-budget variance of variable costs is O B. $12,000 favorable OC. $9,600 favorable OD. A. $2,400 unfavorable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
What is the answer is correct?!!
Manama Company planned to use $48 of Variable cost per unit but actually used $50 of variable cost per unit and planned to make 1,000 units but actually made
1,200 units.
O A. $10,000 unfavorable
The flexible-budget variance of variable costs is
O B. $12,000 favorable
OC $9,600 favorable
OD.
A. $2,400 unfavorable
Transcribed Image Text:Manama Company planned to use $48 of Variable cost per unit but actually used $50 of variable cost per unit and planned to make 1,000 units but actually made 1,200 units. O A. $10,000 unfavorable The flexible-budget variance of variable costs is O B. $12,000 favorable OC $9,600 favorable OD. A. $2,400 unfavorable
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Techniques of Time Value Of Money
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education