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Zike Corporation's static planning budget for October appears below. The company bases its budgets on machine-hours Budgeted number of machine-hours. 5.700 Supplies (@ $2.30 per
Zike Corporation's static planning budget for October appears below. The company bases its budgets on machine-hours Budgeted number of machine-hours. 5.700 Supplies (@ $2.30 per machine-hour)..... Power (@$8.00 per machine-hour)........ Salaries Equipment depreciation Total 45.600 15,390 62.700 $136.800 In October, the actual number of machine-hours was 6,000, the actual supplies cost was $14.740. the actual power cost was $49170, the actual salaries cost was $15.390, and the actual equipment depreciation was $63,670 The spending variance for equipment depreciation in the flexible budget performance report for the month should be $970 O $970 0 $2,330 U $2330 F
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