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Company X uses a flexible budget to analyze its performance and to measure the e...
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Company X uses a flexible budget to analyze its performance and to measure the effect on operating income of the various factors affecting the difference between budgeted and actual operating income. The following management information is available:
- Sales: Actual 4217 units; Budget 6079 units
- Sales: Actual $ 227617; Budget $ 345636
- Variable costs: Actual $ 136806; Budget $ 193528
- Fixed costs: Actual $ 332541; Budget $ 275418
The company's flexible budget variance for the period's variable costs is (favorable +; unfavorable -):
0%
0%
0%
0%
0%