Photo Framing's cost formula for its supplies cost is $1,190 per month plus $19 per frame. For the month of November, the company planned for activity of 617 frames, but the actual level of activity was 609 frames. The actual supplies cost for the month was $12,500. The variance for supplies cost in November would be

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 8EB: Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450...
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Photo Framing's cost formula for its supplies
cost is $1,190 per month plus $19 per frame.
For the month of November, the company
planned for activity of 617 frames, but the
actual level of activity was 609 frames. The
actual supplies cost for the month was
$12,500.
The variance for supplies cost in November
would be
Transcribed Image Text:Photo Framing's cost formula for its supplies cost is $1,190 per month plus $19 per frame. For the month of November, the company planned for activity of 617 frames, but the actual level of activity was 609 frames. The actual supplies cost for the month was $12,500. The variance for supplies cost in November would be
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