Essay
Nobriga Corporation uses customers served as its measure of activity. During October, the company budgeted for 29,000 customers, but actually served 33,000 customers. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October:
Data used in budgeting:
Actual results for October:
Required:
Prepare a report showing the company's revenue and spending variances for October. Label each variance as favorable (F) or unfavorable (U).
Correct Answer:
Verified
Correct Answer:
Verified
Q207: Hirons Air uses two measures of activity,
Q354: Ruge Clinic bases its budgets on the
Q356: Kawamura Kennel uses tenant-days as its measure
Q358: Witten Corporation is a service company that
Q361: Arrison Corporation uses customers served as its
Q362: Leist Clinic uses client-visits as its measure
Q363: Lawes Corporation manufactures and sells a single
Q364: Spohn Clinic uses client-visits as its measure
Q420: Dubberly Corporation's cost formula for its manufacturing
Q425: Poling Clinic bases its budgets on the