The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring indirect material costs of $13,000. Valenti's master budget reflected indirect material costs of $180,000 at a production volume of 144,000 units. What was the indirect material cost variance for October?
A) $1,100 favorable
B) $1,100 unfavorable
C) $2,000 favorable
D) $500 favorable

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The Answer of The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring indirect material costs of $13,000. Valenti's master budget reflected indirect material costs of $180,000 at a production volume of 144,000 units. What was the indirect material cost variance for October?
A) $1,100 favorable
B) $1,100 unfavorable
C) $2,000 favorable
D) $500 favorable

The Valenti Company Uses Flexible Budgeting for Cost Control