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stealth61 [152]
2 years ago
14

Hejl Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The co

st formula for catering supplies is $210 per month plus $86 per job plus $15 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in March to be 23 jobs and 222 meals, but the actual activity was 28 jobs and 217 meals. The actual cost for catering supplies in March was $5,830. The spending variance for catering supplies in March would be closest to
Business
1 answer:
zepelin [54]2 years ago
8 0

Answer:

Spending variance= $43 favorable

Explanation:

Giving the following information:

Standard:

Fixed costs= $210

Variable cost per job= $86

Variable cost per meal= $15

The actual activity was 28 jobs and 217 meals. The actual cost for catering supplies in March was $5,830.

To calculate the spending variance, we need to use the following formula:

Spending variance= (actual costs - standard costs)

Standard costs= 210 + 28*86 + 15*217= 5,873

Spending variance= 5,830 - 5,873

Spending variance= $43 favorable

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Answer:

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Explanation:

Market segmentation is a study that decides whether the company splits its members or populations into smaller categories based on factors such as age, wealth, personality features or actions. These divisions will also be used to tailor goods and ads to specific consumers.

In the case of health insurance providers, they use market segmentation to maintain the difference between individuals and decide about their premium, desire and other benefits.

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3 years ago
A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintai
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<span>The payment is said to be indexed. Indexing a payment means that the income payments are adjusted by a price index. This is to maintain the purchasing power of the public when inflation hits. This is a type of monetary correction.</span>
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3 years ago
Explain the definition of Human Resources Management
Arlecino [84]

Answer:

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Explanation:

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2 years ago
The total cost of Jurislon to be purchased in August is: Multiple Choice $1,839,600 $1,208,700 $1,014,300 $1,017,000
ivann1987 [24]

Answer:  $‭1,014,300‬

Explanation:

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= Ending inventory + Materials used - Begining inventory

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Materials Purchased = 10,650 + 56,500 - 10,800

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= 56,350‬ * 18

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