The static budget, at the beginning of the month, for Vintage Wine Company follows:
Static budget:
Sales volume: units; Sales price: $ per unit
Variable costs: $ per unit; Fixed costs: $ per month
Operating income: $
Actual results, at the end of the month, follows:
Actual results:
Sales volume: units; Sales price: $ per unit
Variable costs: $ per unit; Fixed costs: $ per month
Operating income: $
Calculate the flexible budget variance for variable costs
