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17. Smith Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following

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17. Smith Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed cost per month Variable cost per Well Serviced $4,500 $1,100 Revenue Teployee salaries and wagen Servicing materials Other expenses $57,200 $31,000 The paving budget for My was based on 36 wells serviced but a total of 31 Wells were actually serviced in May, The activity variance for other expenses" for May would have been cost to Muriel Cha Multiple Choice O O $0 O $200 U O $200 F $4,767.74 U

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