ACCOUNTING. ASAP!!!!

Problem 6: Flexible Budgets (11 Points) Hanna Co. provides house cleaning services. The company uses the number of jobs to m activity. At the beginning of March, the company budgeted for 60 jobs, but the actual number o turned out to be 70. Wages and salaries expense is a mixed cost, supplies expense is a varl and transportation expense is a fixed cost. A report comparing the budgeted revenues and costs t easure is a variable cost, actual revenues and costs appears below (frevenue and cost formulas are reported in parentheses): Hanna Co. For the Month Ended March 31 Planning Budget Actual Results 70 Number of jobs (Q) 60 Revenue ($S100Q) Expenses Wages and salaries ($600+ $500) Supplies () Transportation (?) $ 6,000 S 4,300 1,000 650 $ 3,600 900 700 Total expenses Net operating income 5,950 $ 1,550 (a) What amount of supplies expense would be reported in the flexible budget income statement for March? (2 points) (b) Calculate the revenue variance for March. Be sure to indicate whether the revenue variance is favorable or unfavorable. Please note this question asks for revenue variance rather than revenue activity variance. (3 points) (c) Calculate the spending variance for transportation expense for March. Be sure to indicate whether the spending variance is favorable or unfavorable. (3 points) (d) Calculate the activity variance for wages and salaries expense in March. Be sure to indicate whether the activity variance is favorable or unfavorable. (3 points)