Question
Question 8 5 pts Outlet Company's planning budget for 2015 was based on the following assumptions: Outlet would produce and sell 8,000 units, its
Question 8 5 pts Outlet Company's planning budget for 2015 was based on the following assumptions: Outlet would produce and sell 8,000 units, its fixed administrative expenses would be $518,000, and the variable component of administrative expenses is 30% of total administrative expenses. During 20Y5, Outlet actually produced and sold 8,500 units and its actual total administrative expenses were $734,000. What is the administrative expense spending variance for 20Y5? $25,875 favorable $13,875 favorable $6,000 favorable $52,250 favorable None of the above
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