Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2.460 per month plus $49 per boat. For the month of April, the company planned for activity of 58 boats, but the actual level of activity was 18 boats. The actual cleaning equipment and supplies for the month was $3.470. The spending variance for cleaning equipment and supplies in April would be closest to:
Multiple Choice
a. $1,832 U
b. $128 U
c. $1,832 F
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2.460 per month plus $49 per boat. For the month of April, the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expected to cost $290,000 and have a useful life of six years.
Answers (1)
Investors in middle management are most likely to be investing because they're nearing retirement or Question 3 options they're bored. they can offer a high ROI. they're failed entrepreneurs. they're senile.
Answers (1)
One assumption that distinguishes short-run cost analysis from long-run cost analysis for a profit-maximizing firm is that in the short run, a. the size of the factory is fixed. b. output is not variable. c.
Answers (1)
MaverickMaverick Co. budgets production of 120 comma 000120,000 units in the next year. MaverickMaverick 's CFO expects that each unit will take 1010 hours to produce at an hourly wage rate of $ 12$12 per hour.
Answers (1)
Suppose that flu shots create a positive externality equal to $8 per shot. Further suppose that the government offers a $6-per-shot subsidy to producers.
Answers (1)
New Questions in Business
You run a small auto service shop. Your fixed expenses per week are $1,000 and your average customer invoice is $500 with an associated marginal cost of $300. What is your weekly break-even quantity?
Answers (1)
Frontera Company's output for the current period results in a $20,000 unfavorable direct labor rate variance and a $10,000 unfavorable direct labor efficiency variance.
Answers (1)
A Lorenz curve showing perfect equality in the distribution of income: A) coincides with the horizontal axis. B) coincides with the vertical axis. C) is a straight line with a 45-degree angle. D) is a curve bowed to the southwest.
Answers (1)
The Central Bank has raised its reserve requirements from 10% to 12%. If Southern Bank finds that it is not holding enough in reserves to meet the higher requirements, then it will likely: A.
Answers (1)
Identify TWO examples of a project that would fit each of the following priority scenarios: A.) Time-constrain, Scope-enhance, Cost-accept B.) Time-accept, Scope-constrain, Cost-accept C.) Time-constrain, Scope-accept, Cost-enhance
Answers (1)