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 $4,250 per month plus $402 per press run plus $952 per book set-up. The company expected its activity in July to be 222 press runs and 129 book set-ups, but the actual activity was 219 press runs and 128 book set-ups. The actual cost for wages and salaries in July was $215,680. 25 The spending variance for wages and salaries in July would be closest to Skipped Multiple Choice $1,536 U $622 $1,536 F $622 U