Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rients Corporation is a service company that measures its output by the number of customers served The company has provided the following fixed and variable

image text in transcribed
Rients Corporation is a service company that measures its output by the number of customers served The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October Variable FixedElement per Actual Element Customer Total fo Revenue Esployee salaries and wages Travel expenses Other expenses 5 4,180$182,980 $42,3001,38898,880 $31,5760 s 30,580 s 31,900 $31,500 at the beginning of October, it assumed that 39 customers would have been served However, 44 customers were When the company prepared its planning actually served during October The spending variance for Employee salaries and wages" for October would have been closest to Multiple Choice $5,800F $5.800 U

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Expert Systems And Artificial Intelligence In Internal Auditing

Authors: Daniel E. O'Leary, Paul R. Watkins

1st Edition

1558760865, 978-1558760868

More Books

Students also viewed these Accounting questions

Question

Why do mergers and acquisitions have such an impact on employees?

Answered: 1 week ago

Question

2. Describe the functions of communication

Answered: 1 week ago