(Answered) Question - peterson foods manufactures pumpkin scones for

Accounting

Question - Peterson Foods Manufactures pumpkin scones. For January 2009 it budgeted to purchase and use 15,000 of pumpkin at 0.89 a pound. Actual purchases and usage for January 2009 were 16,000 pounds at 0.82 a pound. It budgets for 60,000 pumpkin scones. Actual output was 60,800 pumpkin scones.

Compute the flexible-budget variance.

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