Joshua Company prepares monthly performance reports for each department. The budgeted amounts of wages for the Finishing
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Question:
Joshua Company prepares monthly performance reports for each department. The budgeted amounts of wages for the Finishing Department for the month of August and for the eight-month period ended August 31 were $12,000 and $100,000, respectively. Actual wages paid through July were $91,500, and wages for the month of August were $11,800. The month and year-to-date variances, respectively, for wages on the August performance report would be:
a. $200 U; $3,300 U
b. $200 F; $3,300 U
c. $200 F; $8,500 F
d. $200 U; $8,500 F
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller-nobles, Brenda L. Mattison, Ella Mae Matsumura
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