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Shaak Corporation uses customers served as its measure of activity. The company bases its budgets on the following information: Revenue should be $3.20 per customer served. Wages and salaries should be $21,000 per month plus $0.80 per customer served. Supplies should be $0.70 per customer served. Insurance should be $5,300 per month. Miscellaneous expenses should be $3,100 per month plus $0.10 per customer served.The company reported the following actual results for October:
Required:Prepare a report showing the company's revenue and spending variances for October. Label each variance as favorable (F) or unfavorable (U).
Major Organic Product
The principal compound resulting from an organic chemical reaction, often the one present in the greatest amount or yield.
Reaction
An operation in which different substances amalgamate, producing new variants with altered traits.
Dipropyl Ether
An organic compound that is a type of ether in which two propyl groups are attached to the same oxygen atom.
Cleavage
The breaking or splitting of a chemical bond in a molecule, leading to the formation of two or more smaller molecules or fragments.
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