22. Red Herring Snow Removal's cost formula for its vehicle operating cost is $1,500 per month plus $400 per snow-day. For the month of December, the company planned for activity of 16 snow-days, but the actual level of activity was 21 snow-days. The actual vehicle operating cost for the month was $9,470. The vehicle operating cost in the planning budget for December would be closest to: A. $9,900 B. $9,470 C. $8,900 D. $7,900 23. Crooked Framing's cost formula for its supplies cost is $1,500 per month plus $15 per frame. For the month of August, the company planned for activity of 600 frames, but the actual level of activity was 650 frames. The actual supplies cost for the month was $9,790. The activity variance for supplies cost in August would be closest to: A. $750F B. $375F C. $375U D. $750U 24. Always Grounded Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $40,000 per month plus $2,000 per flight plus $1 per passenger. The company expected its activity in May to be 80 flights and 3800 passengers, but the actual activity was 81 flights and 3500 passengers. The actual cost for plane operating costs in May was $202,650. The spending variance for plane operating costs in May would be closest to: A. $1,150F B. $2,850 C. $2,850F D. $1,150U 25. Sunny's Snow Removal's cost formula for its vehicle operating cost is $1,500 per month plus $300 per snow-day. For the month of March, the company planned for activity of 11 snow-days, but the actual level of activity was 16 snow-days. The actual vehicle operating cost for the month was $6,130. The spending variance for vehicle operating cost in March would be closest to: A. $1,330 B. $170F C. $170U D. $1,330F 26. When computing standard cost variances, the difference between actual and standard price multiplied by actual quantity yields a(n) : A. combined price and quantity variance. B. efficiency variance. C. price variance. D. quantity variance