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.