Question: Curry Corp has a utility cost that is part variable and part fixed. The total activity variance was $ 1 0 0 favorable in February

Curry Corp has a utility cost that is part variable and part fixed. The total activity variance was $100 favorable in February and flexible budget total utility cost was $8,900. Planned volume was 1,000 meals and they actually served 900 meals. Actual total utility costs were $9,280. Planned variable utility cost was $1,000 and the actual fixed utility cost was $8,200. What is the variable utility cost spending variance? No commas or $ sign; if unfavorable, enter negative number; eg,-1000)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!