Your Corporation's flexible budget cost formula for supplies, a variable overhead cost, is $2.17 per...
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Accounting
Your Corporation's flexible budget cost formula for supplies, a variable overhead cost, is $2.17 per unit of output. The company's flexible budget performance report for last month showed a $4,531 unfavorable variance for supplies. During that month, 20,000 units were produced. Budgeted activity for the month had been 16,500 units. What was the actual costs incurred for indirect materials? $2.17 $2.44 O $2.40 $1.94 $1.90
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