Vandall Corporation Manufactures and Sells a Single Product

question 58

Multiple Choice

Vandall Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During April, the company budgeted for 7,300 units, but its actual level of activity was 7,340 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for April:
-The spending variance for manufacturing overhead in April would be closest to:

• A) $1,600 U
• B) $1,648 F
• C) $1,600 F
• D) $1,648 U

---

Definitions:

State Tax Revenue

The income that a state government receives from taxation of individuals and businesses within its jurisdiction.

Federal Spending

Federal spending refers to the government's expenditure on goods, services, and public projects, financed by taxes and borrowing.

Federal Government

The national government of a federal country, such as the United States, which shares power with state and local governments.

Boston Tea Party

A political protest by the American colonists against Great Britain in 1773, where they destroyed an entire shipment of tea sent by the East India Company in defiance of British tea taxes.