Question: please show steps. correct answers are given. thanks! Chapter 9 Actual Results $225,000 $115,000 60,000 $6,000 Flexible Bu Planned Revenue Wages & Salaries Parts &
please show steps. correct answers are given. thanks!
Chapter 9 Actual Results $225,000 $115,000 60,000 $6,000 Flexible Bu Planned Revenue Wages & Salaries Parts & Supplies 215,000 $125,000 55.000 8,000 235,000 110,000 51,000 $11,000 1. Calculate the Revenue variance $10,000F 2. Calculate the activity variance with respect to Revenue $20,000U 3. Calculate the Wages & Salaries spending variance $10,000F 4. Calculate the Parts & Supplies spending variance $5,000U 5. Calculate the activity variance with respect to Wages & Salaries. $15,000U 6. Calculate the activity variance with respect to Administrative Expenses $3,000F
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
