Sales Cost of goods sold Salaries expense Utilities expense Rent expense Misc expense Actual Sales Sales Cost of goods sold Salaries expense Utilities expense Rent expense Misc expense O $100 U $4,250 $2,500 $9,570 What is the spending variance for salaries expense? O $6,000 U $15Q 59Q $6,300 per month $250 + $1Q $2,500 per month $600 + $2Q Actual Results O $6,000 F O $100 F 3,300 units $48,250 $30,300 $6,200

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject - account 

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Sales
Cost of goods sold
Salaries expense
Utilities expense
Rent expense
Misc expense
Actual Sales
Planning quantities
$15Q
$9Q
$6,300 per month
$250 + $1Q
$2,500 per month
$600 + $2Q
Sales
Cost of goods sold
Salaries expense
Utilities expense
O $100 U
O $6,000 U
Actual Results
$48,250
$30,300
$6,200
$4,250
Rent expense
$2,500
Misc expense
$9,570
What is the spending variance for salaries expense?
O $6,000 F
O $100 F
3,300 units
Transcribed Image Text:Sales Cost of goods sold Salaries expense Utilities expense Rent expense Misc expense Actual Sales Planning quantities $15Q $9Q $6,300 per month $250 + $1Q $2,500 per month $600 + $2Q Sales Cost of goods sold Salaries expense Utilities expense O $100 U O $6,000 U Actual Results $48,250 $30,300 $6,200 $4,250 Rent expense $2,500 Misc expense $9,570 What is the spending variance for salaries expense? O $6,000 F O $100 F 3,300 units
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