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Zike Corporation's Static Planning Budget for October Appears Below

Question 143

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Zike Corporation's static planning budget for October appears below.The company bases its budgets on machine-hours. Zike Corporation's static planning budget for October appears below.The company bases its budgets on machine-hours. In October, the actual number of machine-hours was 6, 000, the actual supplies cost was $14, 740, the actual power cost was $49, 170, the actual salaries cost was $15, 390, and the actual equipment depreciation was $63, 670. The spending variance for power cost in the flexible budget performance report for the month should be: A) $3, 570 U B) $1, 170 U C) $3, 570 F D) $1, 170 F In October, the actual number of machine-hours was 6, 000, the actual supplies cost was $14, 740, the actual power cost was $49, 170, the actual salaries cost was $15, 390, and the actual equipment depreciation was $63, 670. The spending variance for power cost in the flexible budget performance report for the month should be:


A) $3, 570 U
B) $1, 170 U
C) $3, 570 F
D) $1, 170 F

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