31) 31) Brong Corporation is a shipping container refurbishment company that measures its output by the number of containers 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. Fixed Element per Month Variable Element per Container Refurbished $ 5,900 $ 900 $ 500 Revenue Employee salaries and wages Refurbishing materials Other expenses Actual Total for March $ 108,300 $ 66,000 $ 9,500 $ 39,800 $ 49,500 $ 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 variance for "Refurbishing materials" for March would have been closest to: A) $1,500 F B) $1,500 U C ) $500 U D) $500 F 32) Canniff Air uses two measures of activity. flights and passengers, in the cost in its budgets and performance reports. The cost formula for plane operating costs is $56,560 per month plus $2,618 per flight plus $5 per passenger. The company expected its activity in February to be 63 flights and 254 passengers, but the actual activity was 62 flights and 255 passengers. The actual cost for plane operating costs in February was $218,820. The plane operating costs in the planning budget for February would be closest to: A) $220,151 B) $222,764 C) $218,820 D ) $222,349 33) 33) Zanny Electronics Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.20. During the month of August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. This resulted in production of 6,900 water ski radios for August. What is Zanny's labor rate variance for August? A) $1,188 Unfavorable B) $2,808 Unfavorable C) $2,160 Favorable D) $972 Favorable