What was the direct materials flexible budget variance


For 2013, X Company estimated production of 3,500 units of finished product and direct material cost of $23,730. Actual production in 2013 was 2,900 units of finished product, and actual direct material cost was $14,520. What was the direct materials flexible budget variance in 2013 (assume that a positive number means a favorable variance and a negative means an unfavorable variance)?

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Accounting Basics: What was the direct materials flexible budget variance
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