Business, 04.04.2020 11:05 sadeed00974
Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance reports. The cost formula for wages and salaries is $4,200 per month plus $403 per press run plus $953 per book set-up. The company expected its activity in July to be 221 press runs and 128 book set-ups, but the actual activity was 218 press runs and 127 book set-ups. The actual cost for wages and salaries in July was $214,180.
The spending variance for wages and salaries in July would be closest to:
Multiple Choice
$1,067 U
$1,095 U
$1,067 F
$1,095 F
Answers: 1
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Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in it...
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