Question: PLEASE SHOW ALL WORK SO I CAN LEARN AND FOLLOW ALONG. THANK YOU SO MUCH! Campbell Company has a maintaining equipment activity and wants to

PLEASE SHOW ALL WORK SO I CAN LEARN AND FOLLOW ALONG.

THANK YOU SO MUCH! Campbell Company has a "maintaining equipment" activity and PLEASE SHOW ALL WORK SO I CAN LEARN AND FOLLOW ALONG. THANK YOU SO MUCH!

Campbell Company has a "maintaining equipment" activity and wants to develop a flexible budget formula for the activity. The following resources are used by the activity: - Three portable diagnostic units, with a lease cost of $12,000 per year per unit - Three maintenance personnel each paid a salary of $60,000 per year (A total of 6,000 maintenance hours are supplied by the three workers.) - Parts and supplies: $150 per diagnosis - Maintenance hours: Five hours used per diagnosis Consider an analysis of capacity for the activity, inspecting finished goods. Activity output is measured by inspection hours. The following data pertain to the activity for the most recent year: Activity supply: 10,000 hours (five inspectors @ 2,000 hours per year) Inspector cost (salary): $50,000 per year Actual usage: 7,500 inspection hours Required: 1. Calculate the volume variance: Volume variance: 2. The volume variance is a measure of 3. Calculate the unused capacity variance: Unused capacity variance: 4. Based on the unused capacity variance, activity spending can be reduced by

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