What was the flexible budget variance, Accounting Basics

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What was the flexible budget variance

The Red Company uses flexible budgeting for cost control. Red produced 10,800 units of product during October, incurring indirect material costs of $13,000. Its master budget for the reflected indirect material costs of $180,000 at a production volume of 144,000 units. What was the flexible budget variance for the indirect material costs in October?

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Accounting Basics: What was the flexible budget variance

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