Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $420 per month plus $102 per job plus $22 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in December to be 12 jobs and 122 meals, but the actual activity was 6 jobs and 105 meals. The actual cost for catering supplies in December was $3,620. The spending variance for catering supplies in December would be closest to: Multiple Choice $708 U $708 F $278 U $278 F

Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $420 per month plus $102 per job plus $22 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in December to be 12 jobs and 122 meals, but the actual activity was 6 jobs and 105 meals. The actual cost for catering supplies in December was $3,620. The spending variance for catering supplies in December would be closest to: Multiple Choice $708 U $708 F $278 U $278 F

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...

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Question

Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $420 per month plus $102 per job plus $22 per meal.
A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in December to be 12 jobs and 122 meals, but the actual activity was 6 jobs and
105 meals. The actual cost for catering supplies in December was $3,620. The spending variance for catering supplies in December would be closest to:
Multiple Choice
$708 U
$708 F
$278 U
$278 F

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Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $460 per month plus $106 per job plus $26 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in December to be 16 jobs and 126 meals, but the actual activity was 10 jobs and 109 meals. The actual cost for catering supplies in December was $4,850. The spending variance for catering supplies in December would be closest to: Multiple Choice O O O $582 U $582 F $496 U $496 F
Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $420 per month plus $102 per job plus $22 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in December to be 12 jobs and 122 meals, but the actual activity was 6 jobs and 105 meals. The actual cost for catering supplies in December was $3,620. The spending variance for catering supplies in December would be closest to: Multiple Cholce 5708 U $708 F $278 U S278 F < Prev 4 of 10 Mc. Graw 10:52 AM 10/5/2021 W 92 F AQI 61 Type here to search DELL Home End Delete PgUp PgDn F11 F12 PrtScr Insert F8 F9 F10 F6 F7 F1 F2 F3 F4 F5 Num Lock Backspace
Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $550 per month plus $77 per job plus $13 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in September to be 18 jobs and 148 meals, but the actual activity was 14 jobs and 145 meals. The actual cost for catering supplies in September was $3,340. The catering supplies in the planning budget for September would be closest to: Multiple Choice O $3,890 $3,860 $3,340 $3,513
Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $550 per month plus $77 per job plus $13 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in September to be 18 jobs and 148 meals, but the actual activity was 14 jobs and 145 meals. The actual cost for catering supplies in September was $3,340. The catering supplies in the planning budget for September would be closest to:
Herrod Catering uses two measures of activity, Jobs and meals, In the cost formulas in Its budgets and performance reports. The cost formula for catering supplies Is $530o per month plus $102 per Job plus $33 per meal. A typlcal job Involves serving a number of meals to guests at a corporate function or at a host's home. The company expected Its activity In December to be 10 Jobs and 133 meals, but the actual activity was 5 jobs and 116 meals. The actual cost for catering supplies In December was $5,350. The spending varlance for catering supplies in December would be closest to: Multiple Cholce $589 U $589 F $482 U $482 F
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