When preparing budgets, Pine, Inc.'s formula for wages and salaries costs was $8,000 of fixed costs...
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When preparing budgets, Pine, Inc.'s formula for wages and salaries costs was $8,000 of fixed costs and $1.00 per unit of variable costs. Pine planned to produce 9,500 units but actually produced 9,800 units. Actual wages and salaries costs were $17,300. Pine's spending variance for wages and salaries is: $200 Favorable $200 Unfavorable $500 Unfavorable $500 Favorable When preparing budgets, Pine, Inc.'s formula for wages and salaries costs was $8,000 of fixed costs and $1.00 per unit of variable costs. Pine planned to produce 9,500 units but actually produced 9,800 units. Actual wages and salaries costs were $17,300. Pine's spending variance for wages and salaries is: $200 Favorable $200 Unfavorable $500 Unfavorable $500 Favorable
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Related Book For
Statistics for Management and Economics Abbreviated
ISBN: 978-1285869643
10th Edition
Authors: Gerald Keller
Posted Date:
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