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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Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.