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Zike Corporation's Static Planning Budget for October Appears Below

Question 180

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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 supplies cost in the flexible budget performance report for the month should be: A) $940 F B) $1,630 U C) $940 U D) $1,630 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 supplies cost in the flexible budget performance report for the month should be:


A) $940 F
B) $1,630 U
C) $940 U
D) $1,630 F

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