Montgomery Company has developed the following flexible budget formulas for its four overhead items: Fixed Cost...

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Montgomery Company has developed the following flexible budget formulas for its four overhead items: Fixed Cost $10,000 $ 1,5

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Answer 1

Answer #1

ANSWER:

Flexible budget variance = Flexible budget expense-Actual expense

Flexible budget variance = (19000*.3*.30+1500)-2200

Flexible budget expense = 1010 F

Flexible budget expense = 1010 F

So answer is e) None of the Above.

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