Posted by: Pdfprep
Post Date: February 11, 2021
Refer to the exhibit.
A company issued its production budget based on an anticipated output of 800 units.
Actual output was 1,000 units.
The details of the costs are shown below:
The total budget variance was:
A . £5,000 adverse
B . £3,000 adverse
C . £2,000 adverse
D . £19,750 favourable
Answer: A
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