Check my Jake\'s Roof Repair has provided the following data concerning its cost
ID: 2513380 • Letter: C
Question
Check my Jake's Roof Repair has provided the following data concerning its costs. per Month Re Wages and salaries Parts and su Equipment depreciation Truck operating expenses Rent $20, 800 $15.00 $ 7.40 s 0.50 ? 1.80 2,730 5,730 s 4,690 s 3,870 S 0.60 For example, wages and salaries should be $20,800 plus $15.00 per repair-hour. The company expected to work 2.800 repair hours in May, but actually worked 2,700 repair-hours. The company expects its sales to be $46.00 per repair-hour. Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive volues.) favorable,"U" for Jake's Roof Repair Activity Variances For the Month Ended May 31 Revenue Expenses K Prev 6 of9 Next>Explanation / Answer
Activity variance :
Revenue 4600 U Expenses Wages and salaries 1500 F Parts and supplies 740 F Equipment depreciation 50 F Truck operating expenses 180 F Rent None Administrative expenses 60 F Total expense 2530 F Net operating income 2070 U