Riya Corporation's static planning budget for November appears below. The company bases its budget on machine hours. Budgeted number of machine hours 5,800 Power (@$7.50 per machine-hour) Salaries Supplies (@$2.50 per machine-hour) $14,500 $43,500 $16,200 $60,800 $135,000 Equipment depreciation Total In November, the actual number of machine hours was 6,200, the actual supplies cost was $15,700, the actual power cost was $46,720, the actual salaries cost was $16,200, and the actual equipment depreciation was $61,900. The spending variance for power cost in the flexible budget performance report for the month should be: a. $520 U b. $220 U c. $720 F d. $420 F

Riya Corporation's static planning budget for November appears below. The company bases its budget on machine hours. Budgeted number of machine hours 5,800 Power (@$7.50 per machine-hour) Salaries Supplies (@$2.50 per machine-hour) $14,500 $43,500 $16,200 $60,800 $135,000 Equipment depreciation Total In November, the actual number of machine hours was 6,200, the actual supplies cost was $15,700, the actual power cost was $46,720, the actual salaries cost was $16,200, and the actual equipment depreciation was $61,900. The spending variance for power cost in the flexible budget performance report for the month should be: a. $520 U b. $220 U c. $720 F d. $420 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

Chapter5: Support Department And Joint Cost Allocation

Section: Chapter Questions

Problem 2CMA: Adam Corporation manufactures computer tables and has the following budgeted indirect manufacturing...

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