What is the flexible budget amount for materials, Financial Accounting

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What is the flexible budget amount for materials

Problem

Vicky has a t-shirt shop. Her plan for 2022 was to sell 1,002 t-shirts for $?0 each. Each t-shirt is budgeted to use $10 of direct material.

At the end of 2022, Vicky goes through the accounting records to evaluate the business and make plans for the next year. Vicky has sold 923 t-shirts and has actual sales revenue of $67,500.

What is the flexible budget amount for materials?

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Financial Accounting: What is the flexible budget amount for materials

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Financial Accounting: What is the flexible budget amount for materials

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