The following information is for X Company: What was the flexible budget variance (a positive number means a favorable variance and a negative number means an unfavorable variance)? Solution What was the flexible budget variance (a positive number means a favorable variance and a negative number means an unfavorable variance)? Total Flexible Budget Overhead = 9.01*11300 + 208300 = $ 310,113 Total actual Overhead Cost = 136668 + 204780 = $ 341,448 Flexible budget variance = Total Flexible Budget Overhead-Total actual Overhead Cost Flexible budget variance = 310113 - 341448 Flexible budget variance = - $ 31,335 .