Reynolds Construction Materials Company has a sales office that sells concrete culvert pipes to property developers. The sales office is a revenue center and prepares a monthly responsibility report. The following information is provided.
What is the flexible budget variance for the 40-inch pipe?
A) $1700 U
B) $10,600 F
C) $10,600 U
D) $1700 F
D) $1700 F
Explanation: Flexible budget variance = Actual sales revenue - Flexible budget sales
Flexible budget variance = $31,700 - $30,000 = $1700
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