Zike Corporation's Static Planning Budget for October Appears Below

Multiple Choice

Zike Corporation's static planning budget for October appears below. The company bases its budgets on machine-hours. In October, the actual number of machine-hours was 6,000, the actual supplies cost was $14,740, the actual power cost was $49,170, the actual salaries cost was $15,390, and the actual equipment depreciation was $63,670. The spending variance for equipment depreciation in the performance report for the month should be:

A) $970 F
B) $970 U
C) $2,330 U
D) $2,330 F