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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
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 Fixed Element per Actual Element Customer Total for October $4,100 $182,900 Employee salaries and wages 42,300 $1,300 98,800 $ 700 30,500 $ 31,900 per Month Served Revenue Travel expenses Other expenses $31,500 When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October The spending variance for "Other expenses" for October would have been closest to
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