College

If the static budget variance for materials is $250 F and the budgeted cost for materials is $52,000, then the actual cost of materials is:

A. $51,750
B. $51,950
C. $51,150
D. $52,150

Answer :

Answer:

a. $51,750

Explanation:

Given:

Budget = $52,000

Variance = 250 F

Actual cost of materials = budget - variance

$52,000 - 250

= $51,750

Answer:

Option A is correct: $51750

Explanation:

Since static budget variance for materials is favourable;hence actual cost is less than the budgeted cost.


hence actual cost=(52000-250)

=$51750.

Other Questions