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Answer the questions...no need detail explanation Question 1 Johannsen Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets

Answer the questions...no need detail explanation

Question 1

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Johannsen Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $310 per month plus $103 per job plus $23 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in February to be 28 jobs and 187 meals, but the actual activity was 26 jobs and 192 meals. The actual cost for catering supplies in February was $7,620. The catering supplies in the flexible budget for February would be closest to: Select one: O a. $7,620 b. $7,495 c. $6,960 d. $7,404Kimbril Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $530 per month plus $91 per job plus $12 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in January to be 27 jobs and 174 meals, but the actual activity was 31 jobs and 173 meals. The actual cost For catering supplies in January was $5,330. The activity variance for catering supplies in January would be closest to: Select one: O a. $352 U O b. $352 F O c. $255 U O d. $255 FThe general model for calculating a quantity variance is: Select one: O a. actual price x (actual quantity of inputs used - standard quantity allowed for output). b. standard price x (actual quantity of inputs used - standard quantity allowed for output) O c. (actual quantity of inputs used at actual price) - (standard quantity allowed for output at standard price), d. actual quantity of inputs used x (actual price - standard price)

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