Answer: $7701
Explanation:
The following information can be gotten from the question:
Budgeted level of activity = 14,800
Actual level of activity = 15,100
Variable cost = $0.51
Actual dye cost = $8,660
Flexible budget for dye costs will now be calculated as:
= Actual level of activity x Variable cost
= 15,100 x 0.51
= $7,701
Therefore, the flexible budget is $7701