Question: MULTIPLE CHOICE. question. Choose the one alternative that best completes the statement or answers the 1. Hamiter Framing'scost formula for its supplies cost is $1,640
MULTIPLE CHOICE. question. Choose the one alternative that best completes the statement or answers the 1. Hamiter Framing'scost formula for its supplies cost is $1,640 per month plus $9 per frame. For the month of August, the company planned for activity of 572 frames, but the actual level of activity was 573 frames. The actual supplies cost for the month was $7,080. The supplies cost in the planning budget for August would be closest to: A. $7,080 B. $7,068 C. $6,788 D. $6,797 2. Aultz Tile Installation Corporation measures its activity in terms of square feet of tile installed. Last month, the budgeted level of activity was 1,180 square feet and the actual level of activity was O square feet. The company's owner budgets for supply costs, a variable cost, at $3.50 per square foot. The actual supply cost last month was $4,980. What would have been the spending variance for supply costs? A. $850 U B. $535 U C. $353 U D. $315 U 3. The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.6 grams S 15.05 per gram The following data pertain to operations concerning the product for the last month: 3,100 s 44,020 2,400 Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output grams grams units What is the materials quantity variance for the month? A. $9,940 U B. $15,351 U C. $14,484 U D. $10,535 U
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