Solution-What is the difference between actual and budgeted

What is the difference between actual and budgeted costs

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Question 1: Russ Industries uses flexible budgets. At normal capacity of 18,500 units, budgeted manufacturing overhead is: $66,600 variable and $332,000 fixed. If the company had actual overhead costs of $399,000 for 19,200 units produced, what is the difference between actual and budgeted costs?

Option 1: $2,120 Favorable

Option 2: $2,120 Unfavorable

Option 3: $400 Unfavorable

Option 4: $400 Favorable

Reference no: EM132565385

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What is the difference between actual and budgeted costs

Reference no: EM132565385

Reference no: EM132565385

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