Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 9 - Flexible Budgets and Performance Analysis - The Foundational 15 - Required - Page 412: 15

Answer

Salaries & Wages Activity Variance = $\$$5,500F Travel Expense Activity Variance = $\$$3,000F Other Expense Activity Variance = $\$$0

Work Step by Step

Activity Variances are the differences between planning budget and flexible budget. Sal. & Wages = 83,000 - 88,500 = $\$$5,500F Travel = 18,000 - 21,000 = $\$$3,000F Other = 36,000 - 36,000 = $0
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