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Answer the questions...no need detail explanation Question 1 Embertson Framing's cost formula for its...

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Accounting

Answer the questions...no need detail explanation

Question 1

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Embertson Framing's cost formula for its supplies cost is $1,350 per month plus $16 per frame. For the month of June, the company planned for activity of 816 frames, but the actual level of activity was 812 frames. The actual supplies cost for the month was $14,680. The activity variance for supplies cost in June would be closest to: Select one: O a. $274 U b. $64 F O C. $274 F O d. $64 UA flexible budget: Select one: Of a. presents the plan for only one level of activity and does not adjust to changes in the level of activity. b. classifies budget requests by activity and estimates the benefits arising from each activity. c. presents the plan for a range of activity so that the plan can be adjusted for changes in activity levels. d. presents a statement of expectations for a period of time but does not present a firm commitment.A flexible budget is a budget that: Select one: O a. is updated with actual costs as they occur during the period. b. is prepared using a computer spreadsheet application. wa is updated to reflect the actual level of activity during the period. d. contains only variable production costs

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