Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance reports. The cost formula for wages and salaries is $3,850 per month plus $410 per press run plus $960 per book set-up. The company expected its activity in July to be 214 press runs and 121 book set-ups, but the actual activity was 211 press runs and 120 book set-ups. The actual cost for wages and salaries in July was $205,780.

The spending variance for wages and salaries in July would be closest to: