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rlplete This Test: 20 pts possible or ProNet Systems is a start-up company that

ID: 2434020 • Letter: R

Question

rlplete This Test: 20 pts possible or ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $130 for each connector and fxed costs of $8,500 per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 78 connectors at a total cost of $26,000 ProNet's fiexible budget variance for total costs is O A. $7,360 F O B. $2,860 F O C. $7,360 u O D. $2,860 U. Sh Cick to select your answer

Explanation / Answer

Flexible budget Variance for total costs Actual cost 26,000 Flexible budget 78*130+8500 18640 Variance = 26000-18,640 7,360 U option c) 7,360 U Answer