Business
Business, 05.05.2020 05:32, Kelbee781

Neeb Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During January, the company budgeted for 7,100 units, but its actual level of activity was 7,240 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting: Fixed element per month Variable element per unit Revenue - $ 28.20 Direct labor $ 0 $ 4.20 Direct materials 0 10.70 Manufacturing overhead 45,300 2.10 Selling and administrative expenses 17,000 0.50 Total expenses $ 62,300 $ 17.50 Actual results for January: Revenue $ 184,448 Direct labor $ 24,178 Direct materials $ 69,808 Manufacturing overhead $ 50,784 Selling and administrative expenses $ 21,346 The activity variance for selling and administrative expenses in January would be closest to:

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Neeb Corporation manufactures and sells a single product. The company uses units as the measure of a...

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