15.

Brong refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for March. Corporation is a shipping container refurbishment company that measures its output by the number of containers Variable Fixed Element per Actual Element Container Total for per Month Refurbished March $5,900 $%108,300 900 66,000 $ 500 $ 9,500 39,800 $49,500 Employee salaries and wages Refurbishing materials Other expenses $40,300 When the company prepared its planning budget at the beginning of March, it assumed that 22 containers would have been refurbished However, 18 containers were actually refurbished during March The spending varlance for total expenses for March would have been closest to