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Home / Questions / Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost p

Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost p

Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost per Repair-Hour Wages and salaries $ 21,100 $ 15.00 Parts and supplies $ 7.40 Equipment depreciation $ 2,750 $ 0.45 Truck operating expenses $ 5,730 $ 1.50 Rent $ 4,620 Administrative expenses $ 3,880 $ 0.70 For example, wages and salaries should be $21,100 plus $15.00 per repair hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $50.00 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 variance). Input all amounts as positive values.) rev: 11_03_2016_QC_CS-67674

 

Apr 04 2020 View more View Less

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