Answer
$25,000
Work Step by Step
By using the amount of revenue in the flexible budget found in question 1, the activity variance revenue for May is: Flexible budget - Planning budget = 175,000 - 150,000 = $25,000
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 9 - Flexible Budgets and Performance Analysis - The Foundational 15 - Required - Page 412: 14
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