Misty Co's budgetary control report for last month is as follows：Fixed budget Flexed budget $ $ Direct costs 61,100 64,155 Production overhead 55,000 56,700 Other overhead 10,000 10,000 126,100 130,855 What was the expenditure variance for last month?
A、$7,480 (F)
B、$2,725 (F)
C、$7,480 (A)
D、$2,725 (A)
A、$7,480 (F)
B、$2,725 (F)
C、$7,480 (A)
D、$2,725 (A)
【参考答案及解析】
The expenditure variance for last month was $2,725 Adverse The expenditure variance is the difference between the flexed budget and the actual results. Expenditure variance = $130,855 - $133,580=$2,725 (A)
The expenditure variance for last month was $2,725 Adverse The expenditure variance is the difference between the flexed budget and the actual results. Expenditure variance = $130,855 - $133,580=$2,725 (A)