Question
Norman's Framing's cost formula for its supplies cost is $1,940 per month plus $10 per frame. For the month of March, the company planned for
Norman's Framing's cost formula for its supplies cost is $1,940 per month plus $10 per frame. For the month of March, the company planned for activity of 634 frames, but the actual level of activity was 638 frames. The activity variance for supplies cost in March is:
| $1,940 U | ||
| $40F | ||
| $40U | ||
| $8,320
Which is the correct answer? |
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Audit And Accounting Guide Employee Benefit Plans
Authors: American Institute Of Certified Public Accountants
1st Edition
0870515756, 978-0870515750
