3 208 22003424 Piechock Corporation manufactures and sells a single product. The company uses units as...
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3 208 22003424 Piechock Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance repons. During May, the company budgeted for 7,300 units, but its actual level of activity was 7,250 units. The company has provided the following data conceming the formulas used in its budgeting and its actual results for May: Data used in budgeting: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expense Total expenses Actual results for May. Revenue Fixed wlwmwl Variable l per month per unit $ 0 $0 30,000 26,188 $ 34.00 $ 6.00 11.10 2.38 . $ 56,100 $ 23.20 Direct labor Direct materials Manufacturing overhead Swilling and administrative expens $ 253,600 $ 48,970 $ 90,250 $46,500 $ 38,530 The activity variance for direct labor in May would be closest to: Multiple Choice SOF $670U $340 F $340 U 3 208 22003424 Piechock Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance repons. During May, the company budgeted for 7,300 units, but its actual level of activity was 7,250 units. The company has provided the following data conceming the formulas used in its budgeting and its actual results for May: Data used in budgeting: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expense Total expenses Actual results for May. Revenue Fixed wlwmwl Variable l per month per unit $ 0 $0 30,000 26,188 $ 34.00 $ 6.00 11.10 2.38 . $ 56,100 $ 23.20 Direct labor Direct materials Manufacturing overhead Swilling and administrative expens $ 253,600 $ 48,970 $ 90,250 $46,500 $ 38,530 The activity variance for direct labor in May would be closest to: Multiple Choice SOF $670U $340 F $340 U
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