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Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering

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Herrod 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 $420 per month plus $102 perjob plus $22 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 December to be 12jobs and 122 meals, but the actual activity was 6jobs and 105 meals. The actual cost for catering supplies in December was $3,620. The spending variance for catering supplies in December would be closest to: Multiple Choice O $708 u $708 F $278 F $278 U 000

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