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MetaPro Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $120 for each connector and fixed cos per month. MetaPro's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 73 connectors at a total cost of $27,00 MetaPro's flexible budget variance for total costs is OA. $3,240 F. OB. $9,240 U. OC. $3,240 U. OD. $9,240 F. CELLE

MetaPro Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $120 for each connector and fixed cos per month. MetaPro's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 73 connectors at a total cost of $27,00 MetaPro's flexible budget variance for total costs is OA. $3,240 F. OB. $9,240 U. OC. $3,240 U. OD. $9,240 F. CELLE

FINANCIAL ACCOUNTING
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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MetaPro Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $120 for each connector and fixed costs of $9,000 per month. MetaPro's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 73 connectors at a total cost of $27,000. MetaPro's flexible budget variance for total costs is OA. $3,240 F. OB. $9,240 U. OC. $3,240 U. OD. $9,240 F.
Transcribed Image Text:MetaPro Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $120 for each connector and fixed costs of $9,000 per month. MetaPro's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 73 connectors at a total cost of $27,000. MetaPro's flexible budget variance for total costs is OA. $3,240 F. OB. $9,240 U. OC. $3,240 U. OD. $9,240 F.
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