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Find spending variance for supplies cost in november

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Reference no: EM132660057

Problem 1: Pittman Framing's cost formula for its supplies cost is $1,230 per month plus $12 per frame. For the month of November, the company planned for activity of 621 frames, but the actual level of activity was 613 frames. The actual supplies cost for the month was $8,950. The spending variance for supplies cost in November would be closest to:

Multiple Choice

Option 1: -$268 U

Option 2: -$268 F

Option 3: -$364 F

Option 4: -$364 U

Reference no: EM132660057

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