Question
In: Accounting
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning its costs:
| Fixed Cost per Month |
Cost per Repair-Hour |
||||
| Wages and salaries | $ | 21,300 | $ | 15.00 | |
| Parts and supplies | $ | 7.30 | |||
| Equipment depreciation | $ | 2,750 | $ | 0.55 | |
| Truck operating expenses | $ | 5,790 | $ | 1.80 | |
| Rent | $ | 4,650 | |||
| Administrative expenses | $ | 3,900 | $ | 0.40 | |
For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects its sales to be $48.00 per repair-hour.
Required:
Compute the company’s activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and salaries
$
20,800
$
15.00
Parts and supplies
$
7.60
Equipment depreciation
$
2,710
$
0.30
Truck operating expenses
$
5,750
$
1.50
Rent
$
4,610
Administrative expenses
$
3,900
$
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...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and salaries
$
20,800
$
15.00
Parts and supplies
$
7.10
Equipment depreciation
$
2,770
$
0.35
Truck operating expenses
$
5,740
$
1.60
Rent
$
4,600
Administrative expenses
$
3,840
$
0.50
For example, wages and salaries should be $20,800 plus $15.00
per repair-hour. The company expected to work 2,600 repair-hours in
May, but actually worked 2,500 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs: Fixed Cost per Month Cost per Repair-Hour Wages and
salaries $ 21,400 $ 15.00 Parts and supplies $ 7.80 Equipment
depreciation $ 2,780 $ 0.55 Truck operating expenses $ 5,720 $ 1.70
Rent $ 4,650 Administrative expenses $ 3,860 $ 0.40 For example,
wages and salaries should be $21,400 plus $15.00 per repair-hour.
The company expected to work 3,000 repair-hours in May, but
actually worked 2,900 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has
provided the following data concerning its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and
salaries
$
20,700
$
16.00
Parts and
supplies
$
7.30
Equipment
depreciation
$
2,730
$
0.35
Truck operating
expenses
$
5,720
$
1.60
Rent
$
4,640
Administrative
expenses
$
3,850
$
0.60
For example, wages and
salaries should be $20,700 plus $16.00 per repair-hour. The company
expected to work 2,700 repair-hours in May, but actually worked
2,600 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and salaries
$
21,300
$
15.00
Parts and supplies
$
7.80
Equipment depreciation
$
2,740
$
0.45
Truck operating expenses
$
5,700
$
1.90
Rent
$
4,690
Administrative expenses
$
3,880
$
0.60
For example, wages and salaries should be $21,300 plus $15.00
per repair-hour. The company expected to work 2,500 repair-hours in
May, but actually worked 2,400 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and salaries
$
21,100
$
15.00
Parts and supplies
$
7.10
Equipment depreciation
$
2,740
$
0.40
Truck operating expenses
$
5,710
$
1.60
Rent
$
4,620
Administrative expenses
$
3,880
$
0.60
For example, wages and salaries should be $21,100 plus $15.00
per repair-hour. The company expected to work 2,600 repair-hours in
May, but actually worked 2,500 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs: Fixed Cost per Month Cost per Repair-Hour Wages and
salaries $ 20,900 $ 15.00 Parts and supplies $ 7.50 Equipment
depreciation $ 2,760 $ 0.45 Truck operating expenses $ 5,790 $ 1.70
Rent $ 4,690 Administrative expenses $ 3,820 $ 0.40 For example,
wages and salaries should be $20,900 plus $15.00 per repair-hour.
The company expected to work 2,900 repair-hours in May, but
actually worked 2,800 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per Repair-Hour
Wages and
salaries
$
21,400
$
15.00
Parts and
supplies
$
7.60
Equipment
depreciation
$
2,740
$
0.40
Truck operating
expenses
$
5,730
$
1.60
Rent
$
4,670
Administrative
expenses
$
3,810
$
0.60
For example, wages and salaries should be $21,400 plus $15.00
per repair-hour. The company expected to work 2,700 repair-hours in
May, but...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and salaries
$
21,400
$
15.00
Parts and supplies
$
7.70
Equipment depreciation
$
2,750
$
0.30
Truck operating expenses
$
5,760
$
1.70
Rent
$
4,610
Administrative expenses
$
3,820
$
0.50
For example, wages and salaries should be $21,400 plus $15.00
per repair-hour. The company expected to work 2,600 repair-hours in
May, but actually worked 2,500 repair-hours. The company...
Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost...
Jake’s Roof Repair has provided the following data concerning
its costs:
Fixed Cost
per Month
Cost per
Repair-Hour
Wages and
salaries
$
20,500
$
15.00
Parts and
supplies
$
7.10
Equipment
depreciation
$
2,740
$
0.35
Truck operating
expenses
$
5,790
$
1.80
Rent
$
4,640
Administrative
expenses
$
3,800
$
0.70
For example, wages and salaries should be $20,500 plus $15.00
per repair-hour. The company expected to work 2,500 repair-hours in
May, but actually worked 2,400 repair-hours. The company...
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