Jake\'s Roof Repair has provided the following data concerning its costs: s21,20

Question

Jake's Roof Repair has provided the following data concerning its costs: s21,200 2,710 s 4,660 $15.00 7.10 0.40 $ 5,7601.70 Parts and supplies Equipment depreciation Rent 3,810 e.88 For example, wages and salaries should be $21.200 plus $15.00 per repalr-hour. The company expected to work 2600 repair-hours in May. but actually worked 2.500 repair-ho urs. The company expects its sales to be $46.00 per repair-hour Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e, zero voriance). Input all amounts as positive values.) Jake's Roof Repair For the Ended May 31 Equipment dep

Explanation / Answer

Activity variance :

Revenue 4600 U Expense Wages and salaries 1500 F Parts and supplies 710 F Equipment depreciation 40 F Truck operating expense 170 F Rent None Administrative expense 80 F Total expense 2500 F Net operating income 2100 U

Related Questions

Navigate

• Browse (All)
• Browse J
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.