Lenci Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,120 units, but its actual level of activity was 5,070 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting:
Fixed element per month Variable element per unit
Revenue - $ 40.30
Direct labor $ 0 $ 6.20
Direct materials 0 16.40
Manufacturing overhead 42,200 2.00
Selling and administrative expenses 23,400 .90
Total expenses $ 65,600 $ 25.50
Actual results for May:
Revenue $ 198,510
Direct labor $ 29,265
Direct materials $ 80,965
Manufacturing overhead $ 51,905
Selling and administrative expenses $ 23,380
The spending variance for manufacturing overhead in May would be closest to:

Choose the best term for each definitionexpense, liability, monetary asset, statement of financial position, tangible asset, net worth, market value, investment asset, income, assetitems of monetary value a person or household ownsmoney spentmoney receivedfinancial assets purchased with the hope that they will generate income and appreciate in value to make it possible to sell at a higher price in the futurea debt or obligation owed to othersthe amount you could realistically sell an asset forassets that can be quickly and easily converted into casha measure of financial wealth and indicates the monetary value of all possessions that a person or household owns, minus the total amounts owed to othersa financial statement that describes an individual or family's financial condition on a specified date by showing assets, liabilities, and net worthpersonal property that was purchased to create a lifestyle or improve your life

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should