Your Company's cost formula for its wages and salaries is $2,500 per month plus $475 per unit

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Your Company's cost formula for its wages and salaries is $2,500 per month plus $475 per unit sold. For the month of May, the company planned for activity of 120 units, but the actual level of activity was 115 units. The actual wages and salaries for the month was $56,850. What is the spending variance for wages and salaries in May? $2,650 F $ 275 F $ 275 U $2,650 U

Posted Date: Jun 05, 2024 11:28 AM

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Your Company's cost formula for its wages and salaries is $2,500 per month plus $475 per unit

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