Varriano Corporation bases its budgets on the activity measure customers served.During October,the company planned to serve 31,000 customers,but actually served 34,000 customers.The company has provided the following data concerning the formulas it uses in its budgeting:
Required:
Prepare a report showing the company's activity variances for October.Indicate in each case whether the variance is favorable (F)or unfavorable (U).
Definitions:
90 MmHg
A measurement often associated with the diastolic blood pressure, indicating the pressure in the arteries when the heart rests between beats.
Grave's Disease
An autoimmune disorder that results in the overproduction of thyroid hormones, causing hyperthyroidism.
E05.00
A specific code, often related to medical diagnoses or conditions; in general contexts, without direct reference, it needs to be looked up for precise meaning.
Headache
A pain or discomfort in the head, scalp, or neck, often caused by stress, tension, migraine, or sinus problems.
Q42: The amount shown for "Other expenses" in
Q64: The budgeted required production for August is
Q107: The estimated finished goods inventory balance at
Q130: The variable component of the predetermined overhead
Q142: Vinall Corporation makes one product and has
Q168: Shaak Corporation uses customers served as its
Q173: Marst Corporation's budgeted production in units and
Q230: Tsosie Corporation makes one product and it
Q243: The spending variance for selling and administrative
Q350: The activity variance for selling and administrative