Piechocki Corporation uses tenant-days as its measure of act…
Piechocki Corporation uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During November, the kennel budgeted for 3,400 tenant-days, but its actual level of activity was 3,390 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for November: Fixed element per month Variable element per tenant-day Revenue – $ 28.00 Wages and salaries $ 2,700 $ 5.40 Food and supplies 500 10.20 Facility expenses 9,600 3.30 Administrative expenses 6,600 0.20 Total expenses $ 19,400 $ 19.10 Actual results for November: Revenue $ 90,470 Wages and salaries $ 20,606 Food and supplies $ 35,838 Facility expenses $ 20,857 Administrative expenses $ 7,518 The spending variance for food and supplies in November would be closest to:
Read DetailsZimmerman Corporation uses a standard cost system for the pr…
Zimmerman Corporation uses a standard cost system for the production of its radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.20. During the month of August, Zimmerman’s radio production used 6,900 direct labor-hours at a total direct labor cost of $47,520. This resulted in production of 6,700 radios for August. What is Zimmerman’s labor rate variance for August?
Read DetailsSelect all that apply. One of PS’s friends recommended that…
Select all that apply. One of PS’s friends recommended that she start St. John’s Wort to help with mood. Which of the following statement(s) is/are CORRECT about the drug interactions with St. John’s Wort and her current medications?
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