Clementine Company makes skateboards. They prepare master and flexible budgets and then perform variance analysis after the budget plan period elapses. Their data is as follows: Budget Actual Selling price per unit $99 $96 Variable cost per unit $57 $41 Quantity sold 1,030 1,007 What is the Clementine's flexible budget variance for VARIABLE COSTS? If the variance is unfavorable put a minus sign in front of your answer. Enter your answer without commas or decimals.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Clementine Company makes skateboards. They prepare master and flexible
budgets and then perform variance analysis after the budget plan period
elapses. Their data is as follows:
Budget
Actual
Selling price per
$99
$96
unit
Variable cost per
$57
$41
unit
Quantity sold
1,030
1,007
What is the Clementine's flexible budget variance for VARIABLE COSTS? If
the variance is unfavorable put a minus sign in front of your answer.
Enter your answer without commas or decimals.
Transcribed Image Text:Clementine Company makes skateboards. They prepare master and flexible budgets and then perform variance analysis after the budget plan period elapses. Their data is as follows: Budget Actual Selling price per $99 $96 unit Variable cost per $57 $41 unit Quantity sold 1,030 1,007 What is the Clementine's flexible budget variance for VARIABLE COSTS? If the variance is unfavorable put a minus sign in front of your answer. Enter your answer without commas or decimals.
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