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What is the difference between actual and budgeted costs

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Question - Concord Corporation uses flexible budgets. At normal capacity of 8000 units, budgeted manufacturing overhead is $64000 variable and $360000 fixed. If Concord had actual overhead costs of $434000 for 10000 units produced, what is the difference between actual and budgeted costs?

a. $6000 favorable

b. $6000 unfavorable

c. $10000 favorable

d. $16000 favorable

Reference no: EM132847040

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