Multiple Choice
Genito 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 8,800, the actual supplies cost was $69,450, the actual power cost was $34,190, the actual salaries cost was $86,490, and the actual equipment depreciation was $37,600.
-The spending variance for supplies cost in the flexible budget performance report for the month should be:
A) $4,500 F
B) $7,110 F
C) $7,110 U
D) $4,500 U
Correct Answer:

Verified
Correct Answer:
Verified
Q248: Moorhouse Clinic uses client-visits as its measure
Q249: Buffaloe Corporation manufactures and sells a single
Q250: Rising Framing's cost formula for its supplies
Q251: Dunklin Medical Clinic measures its activity in
Q252: Brynteson Corporation bases its budgets on the
Q254: Bessey Hospital bases its budgets on patient-visits.
Q255: Mcduffey Memorial Diner is a charity supported
Q256: Lampert Corporation manufactures and sells a single
Q257: Pollica Corporation's cost formula for its selling
Q258: Henkel Clinic uses client-visits as its measure