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 $4,350 per month plus $409 per press run plus $959 per book set-up. The company expected its activity in July to be 213 press runs and 120 book set-ups, but the actual activity was 210 press runs and 119 book set-ups. The actual cost for wages and salaries in July was $204,580.

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