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Answer the Following Questions Using the Information Below:
Midend's Camera

Question 125

Multiple Choice

Answer the following questions using the information below:
Midend's Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.
 Flexible  Variances  Budget  Price  Efficiency  Material A $25,000$1,500U$1,800 F Material B 32,000600 F900U Material C 42,0001,300U900 F\begin{array}{lrrr} &\text { Flexible }&\text { Variances }\\& \text { Budget } & \text { Price } & \text { Efficiency } \\\text { Material A } & \$ 25,000 & \$ 1,500 \mathrm{U} & \$ 1,800 \mathrm{~F} \\\text { Material B } & 32,000 & 600 \mathrm{~F} & 900 \mathrm{U} \\\text { Material C } & 42,000 & 1,300 \mathrm{U} & 900 \mathrm{~F}\end{array}
-The actual amount spent for Material A was ________.


A) $28,300
B) $25,300
C) $24,700
D) $21,700

Correct Answer:

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