Question
Yoyo Industries consideres Utilities to be a mixed cost with both a fixed ($1,000) and variable ($12 per unit produced) component. In Yoyo's static budget,
Yoyo Industries consideres Utilities to be a mixed cost with both a fixed ($1,000) and variable ($12 per unit produced) component.
In Yoyo's static budget, Utilites were budgeted to be $1,960.At the end of the month, the activity variance was $228 unfavorable and the spending variance was $68 favorable.
How many units were produced during the month?
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Financial Accounting with International Financial Reporting Standards
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
4th edition
1119504309, 1-119-50340-8, 9781119503408 , 978-1119504306
