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ps:// 09896 :??990\"? t.html l exam Help Save&Exit; Subml 18rowcerreri Milot Cor

ID: 2407674 • Letter: P

Question

ps:// 09896 :??990"? t.html l exam Help Save&Exit; Subml 18rowcerreri Milot Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for April. Fixed Blement per Actual Well Total tor per Month ServicedApril Bepioeeres and sages 861. 40300 212.40 eBook Revenue Employee salaries and wages$41,400900 69,500 $500 $ 15,100 Servicing materials Other expenses $29,600 s 30,200 However, 29 wells were actually serviced during April. The spending variance for "Other expenses for Aari would have been closest to Multiple Choice Next> Prev18 of 33

Explanation / Answer

Spending variance for other expenses = 30200-29600 =$600 U Option 3 is correct