Assume that a company provided the following excerpts of information from its flexible budget performance report:     Actual Results   Flexible Budget   Planning Budget Flights (q)   52       ?       ?   Expenses:                       Wages and salaries ($4,000 + $88.00q) $ 8,450       ?     $ 8,400     What is the spending variance for wages and salaries expense?   Multiple Choice   $176 U   $126 F   $176 F   $126 U

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Assume that a company provided the following excerpts of information from its flexible budget performance report:
 

  Actual Results   Flexible Budget   Planning Budget
Flights (q)   52       ?       ?  
Expenses:                      
Wages and salaries ($4,000 + $88.00q) $ 8,450       ?     $ 8,400  
 

What is the spending variance for wages and salaries expense?

 

Multiple Choice
  •  
    $176 U
  •  
    $126 F
  •  
    $176 F
  •  
    $126 U
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