Company is a popular car-wash operation that measures its activity in terms of number of cars washed. Last month, the budgeted level of activity was 1,250 cars washed and the actual level of activity was 1,240 cars washed. The cost formula for the washing expenses is $4.90 per car washed plus $26,500 per month. The actual washing expense was $25,000.

Q: What was the spending variance for the washing expenses last month?

 

Answer rating: 100% (QA)

The spending variance for the washing expenses can be calculated by comparing the actual e... View the full answer