What spending variance for vehicle operating cost in dec

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Question 1: Dermody Snow Removal's cost formula for its vehicle operating cost is $2,920 per month plus $322 per snow-day. For the month of December, the company planned for activity of 16 snow-days, but the actual level of activity was 14 snow-days. The actual vehicle operating cost for the month was $8,350. The spending variance for vehicle operating cost in December would be closest to:

Multiple Choice

Option 1: $278 U

Option 2: $278 F

Option 3: $922 U

Option 4: $922 F

Reference no: EM132605941

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