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URRWML819 Corporation runs popular Make Money in Real Estate and Retire Early! workshops. The corporation bases its budget on two measures of activity: number of
URRWML819 Corporation runs popular "Make Money in Real Estate and Retire Early!" workshops. The corporation bases its budget on two measures of activity: number of participants and number of workshops. In 2022, the URRWML819 corporation budgeted for 300 participants and 15 workshops. The management used the following data in its budgeting: Revenue Instructor wages Workshop supplies Fixed cost per year VC per Participant VC per Workshop Tuition per Participant $100 Instructor wages Workshop supplies $4,000 $1,000 $2,000 Administrative expenses URRWML819's actual results for the year appear below: Number of Participants 280 Number of Workshops 18 Revenue $25,760 $0 $10 $6,650 $6,300 $20 $20 $50 $30 Administrative expenses $9,840 Q: What is the URRWML819's spending variance (i.e. use flexible budget to calculate variance for all expenses together) for 2022? (Just the amount.) A: $
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