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Jake’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost per...

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Accounting

Jake’s Roof Repair has provided the following data concerningits costs:

Fixed Cost per Month Cost per Repair-Hour Wages and salaries $21,200 $ 16.00 Parts and supplies $ 7.60 Equipment depreciation $2,710 $ 0.50 Truck operating expenses $ 5,760 $ 1.70 Rent $ 4,690Administrative expenses $ 3,850 $ 0.50 For example, wages andsalaries should be $21,200 plus $16.00 per repair-hour. The companyexpected to work 2,600 repair-hours in May, but actually worked2,500 repair-hours. The company expects its sales to be $48.00 perrepair-hour. Required: Compute the company’s activity variances forMay. (Indicate the effect of each variance by selecting "F" forfavorable, "U" for unfavorable, and "None" for no effect (i.e.,zero variance). Input all amounts as positive values.)

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SolutionJakes RoofRepairActivityVariancesFor the month ended    See Answer
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